- With the fresh hike, the revised milk prices for variants such as 500 ml Amul buffalo milk, 500 ml Amul Gold milk, and 500 ml Amul Shakti milk stand at Rs 36, Rs 33, and Rs 30, respectively.
NE BUSINESS BUREAU
ANAND, JUNE 3
The Gujarat Cooperative Milk Marketing Federation (GCMMF), marketer of milk and milk products under the brand name of Amul, has increased the prices of fresh pouch milk by approximately Rs 2 per litre effective from Monday, 3rd June 2024, in all markets across the country, the company said in a statement.
The increase of Rs 2 per litre translates to range of 3-4% increase in MRP which is much lower than average food inflation. It is worthwhile to note that since February 2023, Amul has made no increase in prices of Fresh Pouch milk in major markets.
This price hike is being done due to increase in overall cost of operation and production of milk. Our member unions have also increased farmer’s price approximately by 6-8% over the last one year.
Amul as a policy passes on almost 80 paise of every rupee paid by consumers for milk and & milk products to the milk producers. The price revision shall help in sustaining remunerative milk prices to our milk producers and to encourage them for higher milk production.
With the fresh hike, the revised milk prices for variants such as 500 ml Amul buffalo milk, 500 ml Amul Gold milk, and 500 ml Amul Shakti milk stand at Rs 36, Rs 33, and Rs 30, respectively.
