3 May 2024
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Impending Hike in Milk Prices Looms

Impending Hike in Milk Prices Looms

In response to alleged mounting pressure from state federations, consumers in Karnataka may witness a surge in the prices of Nandini milk and curd come the New Year.

Why are milk prices rising in India?

Why are milk prices rising in India

The average retail price of milk in India has increased by 12% from a year ago to Rs 57.15 a liter. A mix of factors is at play — a jump in the cost of cereals has made cattle feed more expensive coupled with lower dairy yields as cows were inadequately fed due to the pandemic rupturing demand at the time.​