Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets milk and milk merchandise beneath the Amul model, has hiked milk costs by Rs 2 per litre in Delhi-NCR in addition to in Ahmedabad and Saurashtra in Gujarat from July 1 on account of an increase in enter value.
The enhance of Rs 2 per litre interprets into 4 per cent hike in MRP (Maximum Retail Price) which is way decrease than common meals inflation, GCMMF mentioned in an announcement on Wednesday.
GCMMF has determined to revise the milk costs by Rs 2 per litre in markets of Ahmedabad and Saurashtra of Gujarat and Delhi-NCR with efficient from July 1, the assertion mentioned.
“In the final 1.5 years, Amul has not made any value revision in its recent milk class. Since then, on account of rise in prices of vitality, packaging, logistics, total value of operation has elevated.
“Considering the rise in input costs, our member unions have also increased farmers’ price in the range of Rs 45 to Rs 50 per kg fat which is more than 6 per cent over previous year,” GCMMF mentioned.
Noting that the cooperative as a coverage passes on virtually 80 paise of each rupee paid by customers for milk and milk merchandise to the milk producers, GCMMF mentioned the value revision would assist in sustaining remunerative milk costs to its milk producers and to encourage them for larger milk manufacturing.