
KMF Pushes for ₹5 Hike in Milk Prices, Govt to Decide Soon.
Milk Price Hike: The Karnataka government is reportedly considering a hike in milk prices, citing increased production costs. High-level sources indicate that the decision is being evaluated as input costs for dairy farmers continue to rise.
Chief Minister Siddaramaiah has convened a meeting today to discuss the proposal. Karnataka Milk Federation (KMF) President Bhimanayak, along with district milk union presidents and concerned ministers, will participate in the discussions regarding the potential price revision.
Why the Price Hike?
- Dairy unions across the state have urged the government to approve an increase of ₹5 per liter, citing the following reasons: Rising fodder and feed costs: Increased expenses for cattle feed have put a financial strain on dairy farmers.
- Higher labor costs: Wages for dairy workers have seen a surge, adding to operational expenses.
- Other operational expenses: Transportation, storage, and distribution costs have also gone up.
Awaiting Government Approval
While the proposal for a price hike has been submitted, it is yet to receive final approval from the government. If implemented, this could lead to a direct impact on consumers across Karnataka.
A final decision is expected soon following today’s discussions.
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