Mother Dairy raises milk prices by Rs 2 per litre

Mother Dairy on Wednesday announced an increase of Rs 2 in milk prices in the Delhi-NCR region, with the revised rates set to come into effect from May 14. The company said the decision was taken due to a nearly 6 per cent rise in milk procurement costs from farmers over the past one year.

The price hike came shortly after Amul also announced an identical hike in its milk



prices.

According to Mother Dairy, only a part of the increased cost burden has been passed on to consumers in an effort to maintain a balance between the interests of farmers and customers.

In an official statement, the company said that around 75 to 80 per cent of the revenue earned from milk sales is spent on milk procurement and payments to farmers.