Karnataka plans Rs 8-per-litre milk price increase from November 1

Economy · First reported 29 Oct, 11:42 · Updated 19:10

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Karnataka’s Cabinet approved an Rs 8-per-litre increase in Nandini milk prices, effective November 1. The state said the increase would support farmers amid drought-related supply pressures, with most of the added amount going to farmers.

The increase will raise Nandini’s base price from Rs 46 to Rs 54 per litre starting November 1.
The government said Rs 7 of the increase would go to farmers and Re 1 to milk unions; the report says farmers would receive Rs 47 including a Rs 5 government incentive.
A minister cited drought and a reported drop of 10 lakh litres in milk supply this year as reasons for the decision.
The government said the increase was reduced from a Rs 10-per-litre request to limit the burden on consumers; the state also said prices of milk products would rise.

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Key facts

Increase: Rs 8 per litre, effective November 1.
Nandini base price: Rs 46 currently; Rs 54 from November 1.
Allocation of increase: Rs 7 to farmers and Re 1 to milk unions, according to the ministers.
Supply change cited: Milk supply reportedly fell by 10 lakh litres this year.