Take the pledge to vote

For a better tommorow#AajSawaroApnaKal
  • I agree to receive emails from News18

  • I promise to vote in this year's elections no matter what the odds are.
  • Please check above checkbox.

    SUBMIT

Thank you for
taking the pledge

Vote responsibly as each vote counts
and makes a diffrence

Disclaimer:

Issued in public interest by HDFC Life. HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited) (“HDFC Life”). CIN: L65110MH2000PLC128245, IRDAI Reg. No. 101 . The name/letters "HDFC" in the name/logo of the company belongs to Housing Development Finance Corporation Limited ("HDFC Limited") and is used by HDFC Life under an agreement entered into with HDFC Limited. ARN EU/04/19/13618
LIVE TV DownloadNews18 App
News18 English
Powered by cricketnext logo
»
1-min read

After Amul & Mother Dairy, Delhi Milk Scheme May Soon Hike Milk Price: Agri Min

Last week, both Mother Dairy and Amul raised the price of milk by Rs 2 per litre in a bid to pay farmers better rate factoring in high input cost.

PTI

Updated:May 27, 2019, 11:43 PM IST
facebookTwitterskypewhatsapp
After Amul & Mother Dairy, Delhi Milk Scheme May Soon Hike Milk Price: Agri Min
Picture for representation'
Loading...

New Delhi: Dairy firm Delhi Milk Scheme (DMS) is expected to soon hike retail milk prices in the national capital in line with major competitors Mother Dairy and Amul to ensure remunerative rates to farmers, Animal Husbandry Secretary Tarun Shridhar said on Monday.

Other cooperative milk brands like Nandini and Sudha are most unlikely to do so as state governments are cross-subsidising them on payments made to farmers, he said.

Shridhar, however, ruled out any possibility of fixing a uniform retail price for milk across states given the variation in the cost of input and productivity of animals.

The DMS, set up in 1959, has milk production and packaging capacity of 5 lakh litres per day, besides a network of 1,298 outlets in the NCR.

"Both Amul and Mother Dairy have hiked milk prices. The DMS will soon follow suit as its retail prices are linked with Mother Dairy, which is a wholly-owned subsidiary of National Dairy Development Board (NDDB)," Shridhar told PTI.

Last week, both Mother Dairy and Amul raised the price of milk by Rs 2 per litre in a bid to pay farmers better rate factoring in high input cost.

Amul is the dairy brand marketed by Gujarat Cooperative Milk Marketing Federation (GCMMF).

Asked if dairy companies like Nandini (Karnataka) and Sudha (Bihar) will also increase milk prices, the Secretary said: "It depends ... In fact, Amul' retail milk prices are lower when compared to other brands. It also pays a much higher rate to farmers as against other cooperatives."

In many states, the state governments are cross-subsidising the milk cooperatives through grants for making payment to the producers, he said.

Ruling out a possibility of fixing a uniform milk rate in the country, Shridhar said, "It is not feasible to have uniform pricing for milk. Milk prices are linked to input cost, productivity and quality. I don't think it is possible."

He said retail milk prices are by and large "stable" compared to other agriculture commodities in the country except during seasonal variation in production.

On milk production, the secretary said the country is expected to see up to 7 per cent increase in the output in the current 2019-20 fiscal from the level of 176 million tonnes achieved last year.

"Milk production is growing consistently at 6.5 per cent per annum but the processing capacity has not been enhanced commensurate with the output," he added.

Read full article
Loading...
Next Story
Next Story

Also Watch

facebookTwitterskypewhatsapp
Most Active
Company Price Change %Gain
Yes Bank 109.30 -5.90
Indiabulls Hsg 609.80 -6.86
Reliance 1,281.00 -0.10
IndusInd Bank 1,409.00 0.67
HDFC Bank 2,417.25 -0.20
Company Price Change %Gain
Yes Bank 109.30 -5.94
Indiabulls Hsg 609.70 -6.95
Infosys 750.65 1.38
Reliance 1,282.55 0.08
Godrej Consumer 671.25 2.07
Top Gainers
Company Price Change %Gain
Vedanta 168.10 2.47
Coal India 260.35 1.98
BPCL 385.55 1.96
Power Grid Corp 197.80 1.93
ICICI Bank 422.15 1.92
Company Price Change %Gain
Vedanta 168.00 2.47
Coal India 260.35 2.02
ICICI Bank 422.20 1.88
Power Grid Corp 197.70 1.88
Infosys 750.65 1.38
Top Losers
Company Price Change %Gain
Indiabulls Hsg 609.80 -6.86
Yes Bank 109.30 -5.90
Maruti Suzuki 6,439.00 -2.17
Hindalco 189.95 -1.89
Asian Paints 1,380.05 -1.56
Company Price Change %Gain
Yes Bank 109.30 -5.94
Maruti Suzuki 6,437.05 -2.20
Asian Paints 1,380.40 -1.53
Sun Pharma 378.40 -1.11
HDFC 2,154.30 -0.79

Live TV

Loading...
Countdown To Elections Results
  • 01 d
  • 12 h
  • 38 m
  • 09 s
To Assembly Elections 2018 Results