homebusiness NewsKarnataka likely to hike milk prices by Rs 3 per litre from August 1

Karnataka likely to hike milk prices by Rs 3 per litre from August 1

Karnataka: The hike in milk prices is subject to cabinet approval, and will come into effect from August 1, officials said.

By PTI Jul 22, 2023 5:00:37 PM IST (Published)

2 Min Read

The Karnataka government is likely to hike the retail price of milk by Rs 3 per litre, Milk Federation officials said on Friday. The hike is subject to cabinet approval, and will come into effect from August 1, they said.
"To address the rise in production cost of milk and to help the producers, there is a proposal to increase the price of milk. At the next cabinet meeting a decision will be taken regarding its implementation from August 1," Cooperation Minister K N Rajanna said after a meeting chaired by Chief Minister Siddaramaiah.
There is a demand to increase the price of milk by Rs 5 per litre, he said. "However, the cabinet will decide whether to increase by Rs 5 or Rs 3. We expect a Rs 3 hike." A delegation of Karnataka Milk Federation (KMF) led by its Chairman Bheema Naik attended the meeting.