Saturday, December 16, 2006

Milk price goes up by Re 1 in Karnataka

The price of milk went up from Rs 13 to 14 per litre in Karnataka with effect from December 15.

The increase in the price of milk came after an announcement Chairman of Karnataka Milk Federation (KMF) H D Revanna.

The entire benefit of the price hike will be passed on to the milk producers, who are facing hardships in the wake of rising cost of raw material and wages. The previous price revision had been effected on November 1, 2004.

Justifying the hike, Revanna, who is also the Minister for Public Works and Power, said the price of milk remained the lowest in the country despite the one rupee increase. If milk costs Rs 16 per litre in Maharashtra, it costs Rs 15 in Kerala and Rs 14 in Tamil Nadu.

Karnataka is the second largest producer of milk in India with an output of 3.2 million litres per day. An estimated 2 million litres of milk was sold in Karnataka alone and the rest is sold in other states like Maharashtra, Andhra Pradesh, Kerala and New Delhi. A substantial quantity of milk is converted into milk products also.

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