Major dairy company Mother Dairy has increased the price of milk by Rs 2 per litre, which will take effect tomorrow. The MRP for varieties of cow milk and token milk has not been changed. This will be the fifth increase of the year and the second increase in milk prices in the last two months.
In November, Mother Dairy increased the pricing of full-cream milk and token milk in the Delhi-NCR market, effective as of Monday, claiming an increase in cost input. Mother Dairy, one of the top milk suppliers in Delhi-NCR, raised milk rates for the fourth time this year.
The cost of full-cream milk increased to Rs 64 per litre following the fourth increase. In Delhi-NCR, this price will now be changed to Rs. 66 per litre. The dairy also raised the price of milk in October. The average increase has been Rs 2 each time.
The prices of full-cream and cow milk versions were increased by its rival, the Gujrat Cooperative Milk Marketing Federation (GCMMF), which sells its dairy products under the Amul brand, in the same month. The business claimed that increased costs for several inputs were to blame for price increases (procurement and feed and fodder costs).