Milk price will go up in Kerala: Minister J Chinchu Rani
Milma had last revised milk prices in December 2022.
Milma had last revised milk prices in December 2022.
Milma had last revised milk prices in December 2022.
Thiruvananthapuram: J Chinchu Rani, Minister for Animal Husbandry and Dairy Development in Kerala, has announced that the milk price in Kerala will be increased soon. Addressing the state assembly here on Thursday, the minister confirmed that Milma has already initiated action to increase the price of milk as per the recommendation of a five-member panel. She pointed out that the price will be revised to benefit the dairy farmers.
She was responding to the submission of MLA Thomas K Thomas at the assembly.
Compared to other states in India, Kerala records the highest milk price. Currently, Kerala pays ₹43.17 per litre. Kerala High Court empowered Milma to decide on the milk price. It has already initiated action to revise the price,” she said.
As per reports, Milma is planning to hike the price by January in view of the lower GST on dairy products. It is learnt that the milk price will be hiked by ₹3 to ₹4 per litre.
Milma had last revised milk prices in December 2022, raising the rate by ₹6 per litre. This followed a previous hike of ₹4 per litre in September 2019. Currently, the price of toned milk sold by Milma stands at ₹52 per litre. The agency distributes around 17 lakh litres of milk daily across Kerala.
If the hike is approved, the prices of all milk-based products manufactured by Milma are also expected to go up proportionally. Private dairy companies are also likely to follow suit with price revisions.