Mother Dairy hikes milk prices by up to INR 2 a litre

New Delhi, May 24 (PTI): Mother Dairy on Friday hiked milk prices by up to INR 2 per litre effective Saturday as it is paying more to farmers for procurement of milk due to rising cost of fodder. The leading milk supplier in the national capital region has increased the prices for the first time in more than two years. It also comes days after Amul hiked milk prices by INR 2 per litre. Mother Dairy has increased the prices of only poly pack milk. The prices of bulk vended milk, also known as token milk, have not been hiked. "The 1 litre pack has been increased by Re 1 only and the 500 ml pack by INR 2 a litre, effectively impacting the consumer by Re 1 per pack," it said in a statement. The company, which supplies over 30 lakh litres of milk per day in Delhi-NCR (National Capital Region), had increased the price last in March 2017. "The milk procurement prices have been continuously on the rise for the last 3-4 months due to increase in feed and fodder cost by 15-20 per cent and labour cost etc. However, while paying higher prices to producers by 7-8 per cent compared to the last year, the consumer prices were kept intact," it said. Mother Dairy would continue to support the dairy farmers with remunerative prices, which is also the main reason for the price hike. It passes close to 80 per cent of the sales realisation to the farmers. According to the new rate, full cream milk would cost INR 53 per litre from INR 52 now, while half a litre would have a MRP of INR 27 from INR 26 earlier. Full cream (Premium) milk would be sold at INR 55 per litre and half litre at INR 28. The rate of toned milk has been increased to INR 42 from INR 41 per litre. Half litre pouch would cost INR 22 from INR 21 earlier. Double Toned Milk (Live Lite) would be sold at INR 36 per litre from tomorrow from INR 34 earlier. For 500 ml pouch, the rate has been revised to INR 19 from INR 18. The price of 500 ml skimmed milk (Dietz) has been hiked to INR 21 from INR 20. In cow milk, there has been no increase in rate for one litre poly pack but the half litre pack would be costlier by INR 1 at INR 22.