Gujarat Cooperative Milk Marketing Federation which runs Amul has increased the prices of milk by Rs 2 all across India. The prices have come in affect from today. This is second time that the prices have been increased in one fiscal year due to inflation.
Last year in June 2021, the prices of milk were increased by Rs 2 per litre. GCMMF has justified the hike by saying, “The increase of Rs 2 per litre translates into 4% increase in MRP which is much lower than average food inflation.”
Amul Gold 500 ml will cost Rs 30, Amul Shakti 500 ml will cost Rs 27 and Amul Taaza 500 ml will cost Rs 24 in Ahemdabad and Saurashtra regions of Gujarat.
The release by Gujarat Cooperative Milk Marketing Federation said, “This price hike is being done due to rise in costs of energy, packaging, logistics, cattle feeding cost, thus overall cost of operation and production of milk has increased. Considering the rise in input costs, our member unions have also increased farmers’ price in the range of Rs 35 to Rs 40 per kg fat which is more than 5% over previous year.”
It added, “Amul as a policy passes on almost 80 paise of every rupee paid by consumers for milk and milk products to the milk producers. The price revision shall help in sustaining remunerative milk prices to our milk producers and to encourage them for higher milk production.”
Full cream milk will cost Rs 60 per litre across Ahemdabad, Kolkata, Delhi and Noida. Toned milk will cost Rs 50 per litre in metro cities like Delhi, Kolkata, Mumbai and it will cost Rs 48 per litre in Ahemdabad.
Amul is a state government cooperative that comes under ownership of Gujarat Cooperative Milk Marketing Federation and was founded 76 years ago in 1946. In 2020, the annual revenue of Amul stood at a height of Rs 386 billion/$5.1 billion.