KARNATAKA: In August, consumers in Karnataka might face an imminent increase in the price of Nandini milk. According to media reports, the Karnataka government plans to raise the retail price by Rs. 3 per litre. This decision, subject to cabinet approval, is anticipated to take effect on the 1st of August.
During a meeting with Karnataka Chief Minister Siddaramaiah, Cooperation Minister K N Rajanna revealed that the price hike was proposed to cope with the rising production costs and support milk producers. The final decision on implementing the price increase will be made during the next cabinet meeting.
Notably, farmers and the Karnataka Milk Federation (KMF) delegation led by Chairman Bheema Naik advocated for a price increase of Rs. 5 per litre. However, if the cabinet decides on a Rs. 3 per litre hike, it will apply to all varieties of milk sold by KMF, ensuring benefits to the farmers.
Compared to other states, Karnataka's 'Nandini' milk is sold at a relatively lower price, currently priced at Rs. 39 per litre. In contrast, the prices are significantly higher in Andhra Pradesh (Rs. 56), Tamil Nadu (Rs. 44), Kerala (Rs. 50), and Maharashtra, Delhi, and Gujarat (Rs. 54).
Noteworthy competitors like Amul and Mother Dairy have also increased milk prices multiple times in the past year. For instance, Mother Dairy raised prices by Rs. 10 per litre between March and December 2022. Similarly, the Gujarat Cooperative Milk Marketing Federation (GCMMF), renowned for its Amul brand, attributed their price increase to rising input costs.
With the impending price surge, consumers in Karnataka will likely face challenges ahead as they adapt to the new milk prices in August.
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