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HomeNational NewsAnother blow to inflation! Milk prices will increase, Amul's MDA said

Another blow to inflation! Milk prices will increase, Amul’s MDA said

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Rising milk prices: The general public may once again get a shock. Actually, the prices of Amul milk are likely to rise again. Amul company executives on Tuesday said Amul milk prices may rise again due to increase in energy, logistics and packaging costs. However, he did not say how much the rate would be hiked this time. Let us inform that on March 1, 2022, Amul had increased the price of milk by Rs 2 per liter.

milk price will rise again
Amul MD RS Sodhi told the media that the prices cannot go down but will go up. Sodhi said that the union has increased the price of Amul milk by 8 per cent in the last two years. This also includes the increase in milk price by Rs 2 per liter last month. It is clear from Sodhi’s words that the prices of Amul milk may increase further in the near future.

benefits for farmers
Sodhi further said that inflation in his industry is not a cause for concern as it is benefitting farmers on higher prices of produce. Sodhi said, “The growth achieved by Amul and the dairy sector is very limited as compared to others or compared to the increase in input cost. On the other hand, energy prices have increased by more than a third, affecting the cost of cold storage. Similarly, the cost of logistics has also increased and so has the case of packaging. Due to these pressures, the price of milk has increased from Re 1 to Rs 2 in March.

Profit booking is not the main objective of the cooperative
Sodhi said that the income of farmers from milk has increased by Rs 4 per liter during the pandemic. At the same time, the company’s profits have declined due to several problems. But Amul is not afraid of such pressures as profit-booking is not the main objective of the cooperative. Out of Amul’s earnings, 85 paise goes to the farmers. That is, farmers are given the most importance in the profits of Amul.

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Another blow to inflation Milk prices will increase Amuls MDA

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