Bengaluru, Karnataka Milk Federation (KMF) on Tuesday announced a hike in milk prices from June 26, but also said it will increase the quantity of milk in its half and one liter packets to 50 ml.
This comes days after the Karnataka government increased sales tax on fuel, taking petrol prices by Rs 3 per liter and diesel by Rs 3.5 per liter in the state.
"Since it is the ongoing crop season, the milk storage in all the district milk unions is increasing every day and the current storage is close to one crore litres. In this background, the price of each packet is being increased by Rs 2. Consumers are being given only 50 ml extra milk for every half liter (500 ml) and one liter (1000 ml) packets, KMF said in a statement.
Currently, a 500 ml packet of Nandini toned milk costs Rs 22. With this increase, a 550 ml packet will now cost Rs 24. Similarly, a 1000 ml (1 litre) packet was priced at Rs 42 and will now be sold for Rs 1,050. ML for Rs 44.
Similarly, prices for other categories of milk under the Nandini brand will increase.
"In the dairy industry, Karnataka Cooperative Milk Producers Federation (KMF) is the second largest federation in the country... KMF has been procuring and processing milk from more than 27 lakh dairy farmers in the state through its member milk unions for some time now. The company has been offering a variety of superior quality milk and milk products under the brand name 'Nandini' for over five decades."
This comes days after the Karnataka government increased sales tax on fuel, taking petrol prices by Rs 3 per liter and diesel by Rs 3.5 per liter in the state.
"Since it is the ongoing crop season, the milk storage in all the district milk unions is increasing every day and the current storage is close to one crore litres. In this background, the price of each packet is being increased by Rs 2. Consumers are being given only 50 ml extra milk for every half liter (500 ml) and one liter (1000 ml) packets, KMF said in a statement.
Currently, a 500 ml packet of Nandini toned milk costs Rs 22. With this increase, a 550 ml packet will now cost Rs 24. Similarly, a 1000 ml (1 litre) packet was priced at Rs 42 and will now be sold for Rs 1,050. ML for Rs 44.
Similarly, prices for other categories of milk under the Nandini brand will increase.
"In the dairy industry, Karnataka Cooperative Milk Producers Federation (KMF) is the second largest federation in the country... KMF has been procuring and processing milk from more than 27 lakh dairy farmers in the state through its member milk unions for some time now. The company has been offering a variety of superior quality milk and milk products under the brand name 'Nandini' for over five decades."
