Dairy farmers protest drop in milk procurement price
DAIRY FARMERS in Maharashtra are up in arms over the decision of dairies to reduce the procurement prices of milk. Sachin Patil, leader of the Swabhimani Shetkari Sanghatana, from Pandharpur taluka of Solapur district, said dairies in their area have decided to pay farmers Rs 35 per litre for milk with 3.5 per cent fat […]
Dairy farmers protest drop in milk procurement price
DAIRY FARMERS in Maharashtra are up in arms over the decision of dairies to reduce the procurement prices of milk. Sachin Patil, leader of the Swabhimani Shetkari Sanghatana, from Pandharpur taluka of Solapur district, said dairies in their area have decided to pay farmers Rs 35 per litre for milk with 3.5 per cent fat […]
Milk and milk products’ inflation eased marginally to 8.85% in April
India’s retail inflation slid to an 18-month low of 4.7% in April, staying below the Reserve Bank of India’s 6% tolerance threshold for price rise for the second successive month, aided by the base effects from last April when it had hit an eight-year high of 7.8%. Price rise faced by urban consumers cooled to 4.85% in April […]
World’s largest producer of milk hits a dry patch
In March 2022, a full-cream packet of Amul milk cost ₹60/litre. The one-litre pouch now costs ₹66. Since 2021, milk prices in India have been on a boil. Prices have been hiked across brands and the recent hike in February 2023 was Amul’s fifth increase since 2021. In April 2023, the average price for a […]
Stability In Milk Prices Only By Oct-Nov 23: R S Sodhi
The increase in milk prices over the last few months has been the topic of hot discussion in India. The prices of milk have seen a sharp rise of 14 to 15 per cent, which is more than the inflation. Milk inflation has been the second largest factor (after cereals) in driving up retail inflation […]
Soaring price of milk tells us about Britain’s greedflation problem
How much is a pint of milk? It’s a question that has long been used by journalists to test whether politicians have any sense of the budgetary constraints of the people they govern. If you know the price of milk then you have had to think, at some point, about whether you can afford it. […]
Milk production trebles every 25 years in India: R S Sodhi
Why the milk prices are going so high now ? Is it because of milk shortage or high surge in demand or both ? CNBC interviewed Sh R S Sodhi President Indian Dairy Association to get an answer. https://youtu.be/LkgHcO1iTgE Sh Sodhi answered all the questions and clarified that milk shortage may not be the only […]
WPI Inflation Eases To 29-Month Low Of 1.34% In March
In its monetary policy review earlier this month, the RBI cautioned that adverse climatic conditions are a risk to the future inflation trajectory and predicted milk prices to remain firm going into the summer due to tight demand-supply situation and fodder cost pressure The wholesale price-based inflation eased to a 29-month low of 1.34 per […]
Shall the government control milk prices in current times ?
The milk supply chain has been in trouble in several states over the last few months. Industry leaders expect shortages and price hikes to continue until winter. Besides making your next cup of filter kaapi or chai hard on the pocket, this situation reveals a lot about the consequences of government intervention and price distortions. […]
Currently No Plans to increase milk prices : Jayen Mehta MD Amul
GCMMF, which sells dairy products under the Amul brand, expects a 20 per cent growth in its revenue this fiscal to around Rs 66,000 crore on rising demand, its MD Jayen Mehta said. The Gujarat Co-operative Milk Marketing Federation Limited (GCMMF) has registered a turnover of Rs 55,055 crore in 2022-23, an increase of 18.5 […]