This is the fifth round of milk price hike this year by Mother Dairy, one of the leading milk suppliers in Delhi-NCR with a volume of over 30 lakh liters per day.
mother dairy has increased the price of full cream milk from 2 66 per litre, while the rate of toned milk has been revised 53 per liter 51 per litre.
The rate of double toned milk has been increased 47 per liter 45 per litre.
Mother Dairy has decided not to increase the prices of cow milk and token (bulk vended) milk variants.
The increase in milk prices will affect the household budget.
Mother Dairy attributed the price hike to an increase in the company’s procurement cost of raw milk from dairy farmers.
“It is a phenomenal year for the dairy industry. We are witnessing a significant increase in demand for milk and milk products from both consumers and institutions, even after festivals. On the other hand, there has been no increase in raw milk procurement. As That was speculated to be Diwali,” the company said.
It said that the procurement prices of raw milk have increased by about 24 per cent compared to last year, mainly because of higher cost of raw milk and heat wave.
“This stress on raw milk prices is being felt across the industry, putting pressure on consumer prices. In our commitment to continue paying remunerative prices to farmers to mitigate the impact, we are Consumers are severely constrained to revise the prices with effect from December 27, 2022 in Delhi NCR,” Mother Dairy said.
As a responsible organization, the company said that it has always tried to strike the right balance between farmers and consumers. “…therefore, we are passing the increased cost on to our consumers partially on select variants and in a phased manner.”
Mother Dairy gives milk producers about 75-80 per cent of the prices paid by consumers.
The company has increased prices several times in the current calendar year. The last hike was on November 21, when full cream milk prices were increased by Re 1 per liter and token milk prices by Re 1 per litre. 2 per liter in Delhi-NCR market.
Earlier, Mother Dairy had increased the prices of full cream milk and cow’s milk in October. 2 per liter in Delhi-NCR and some other markets in North India.
rates raised by 2 per liter for all variants in March and August as well.
The Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets milk under the Amul brand, is also a major player in the Delhi-NCR market. It sells about 40 lakh liters per day. Milk production in India, the world’s largest producer, is around 210-220 million tonnes annually.