New Delhi: Amul and Mother Dairy have once again increased milk prices. Amul has hiked milk prices by up to Rs 2/litre across all variants. Mother Dairy also increased the prices of milk by Rs 2 per litre in Delhi-NCR as well as other markets. Change in prices is effective from June 03, 2024.
How much prices has changed over the decade?
Over the past decade, milk prices of Amul and Mother Dairy in India have increased by 41.67 percent. While in May 2014, Amul Gold (full cream milk) price was Rs 48, it is available at the rate of Rs 68 per litre.
Mother Dairy, Amul Milk Prices: A Comparison
Product
Price in 2014
Price in 2024
Mother Dairy full cream
Rs 48/litre
Rs 68/litre
Mother Dairy toned milk
Rs 38/litre
Rs 56/litre
Mother Dairy double-toned
Rs 34/litre
Rs 50/litre
Amul Gold
Rs 48/litre
Rs 68/litre
Amul Taaza
Rs 38/litre
Rs 56/litre
Mother Dairy, Amul: New Milk rates
Amul has increased the Buffalo Milk prices by Rs 2 per for half litre and Rs 3 for a litre. Now buffalo milk price will cost Rs 73 per litre. Amul Taaza milk will now be available at Rs 56 per litre and Amul Gold will cost Rs 68 per litre.
Amul has revised milk prices of half-litre pouches by 1 rupee. So, the new price of half-litre Amul Shakti milk, half-litre Amul Gold milk, and half-litre Amul buffalo milk are Rs 30, Rs 33 and Rs 36 respectively.
With the increase in prices, Mother Dairy’s full cream milk will cost Rs 68 per litre in Delhi-NCR, while the price of toned milk is 56 per litre and for double-toned it is 50 per litre.
Why milk inflation is crucial?
India is the world’s largest consumer of milk and dairy products. A small increase in price can hurt Indian household’s budget. Milk holds the second-largest weight in India’s food inflation basket. It means that increase in milk price will have a larger impact on CPI Inflation as well.
What lies ahead?
India is also the world’s largest producer of milk. It is a biological phenomenon that cows produce less milk in summer. With heatwave continuing, dairy companies are already reporting a decrease in supply, however, the demand has not decreased. If this imbalance of demand and supply continues, prices of milk are likely to increase in the future.
Milk Price Hike: Amul and Mother Dairy have increased milk prices by Rs 2 per litre across all the variants. In this article, we inform about the prices of milk since 2014. Economy Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
