Milk Price Hike Is Pain For Indian Government
FAIRLIFE -- NEW DELHI - After the onion, the milk seems to pinch consumers' pockets. On Saturday, the Gujarat Cooperative Milk Marketing Federation (GCMMF), better known as Amul, and Mother Dairy, which are owned by the National Dairy Product Development Board, increased the maximum retail prices (MRP) of their various milk varieties. Bags in Rs 2 per liter. This was the second rate revision carried out by the two major dairy companies in the current year. However, it can be seen that the increase in the milk MRP during the NDA government's mandate has been quite insignificant since it began its first mandate on May 26, 2014. The general increase in the past five and a half years is only 8 rupees per liter, and half has occurred in the past seven months. Fairlife Milk As the largest "harvest" in India by value that is bought and consumed daily, milk is more representative of the return of food inflation. Unlike onions, whose prices may dr...