Amul and Mother Dairy have announced a price hike for their milk products, effective June 3, 2024. This decision comes amidst rising production costs experienced over the past year. In this article, we’ll cover all the new prices, the reasons behind the hike, and the specific rates in Delhi and other regions.
Amul Milk Price Hikes June 2024 Overview
| Price Increase | ₹2 per litre |
| Effective Date | June 3, 2024 |
| Affected Brands | Amul, Mother Dairy |
| Previous Hike | February 2023 |
| New Amul Taaza Price | ₹56 per litre |
| New Amul Full Cream Price | ₹68 per litre |
| New Mother Dairy Prices | Full Cream: ₹68, Toned: ₹56, Double Toned: ₹50 per litre |
| Reason for Hike | Rising production costs |
| Farmer Compensation | 6-8% increase in payments |
| Consumer Impact | Nationwide price adjustment |
New Amul Milk Prices
As per the recent announcement, Amul milk prices have been increased by ₹2 per litre. This change reflects a 3 to 4% increase in the maximum retail price, which is still below the average food inflation rate. The last price hike for Amul milk was in February 2023.
Detailed New Prices:
- Amul Taaza Milk: Previously ₹54, now ₹56 per litre
- Amul Full Cream Milk: Previously ₹66, now ₹68 per litre
Mother Dairy Milk Prices
Mother Dairy has also increased its prices by ₹2 per litre, effective from June 3, 2024. The new rates for Mother Dairy milk are as follows:
- Full Cream Milk: ₹68 per litre
- Toned Milk: ₹56 per litre
- Double-Toned Milk: ₹50 per litre
New Prices in Delhi NCR:
- Full Cream Milk: ₹68 per litre
- Toned Milk: ₹56 per litre
- Buffalo Milk: ₹72 per litre
- Cow Milk: ₹58 per litre
Reasons Behind the Price Hike
The price hike has been attributed to several factors:
- Increased Production Costs: The cost of milk production has risen significantly over the past year.
- Compensation for Farmers: Amul and Mother Dairy have increased the prices they pay to farmers by about 6 to 8% to support them amidst rising costs.
- Operational Costs: Higher overall operational costs have also contributed to the need for a price adjustment.
Impact on Consumers
While the price hike is a response to increased production and operational costs, it also aims to ensure that farmers receive fair compensation. Amul’s policy ensures that around 80 paise of every rupee paid by consumers for milk and milk products is passed on to the milk producers. This price revision is intended to sustain active milk prices and encourage higher milk production.
The recent price hike by Amul and Mother Dairy reflects the ongoing challenges in the dairy industry, including rising production and operational costs. The new prices, effective from June 3, 2024, are designed to support both farmers and the overall sustainability of milk production. Consumers can expect to see these changes reflected in the prices at their local markets starting this month.
Stay informed about the latest updates and changes in milk prices to manage your household budget effectively.
Amul Milk Price Hike June 2024 FAQs
When will the new milk prices take effect?
The new milk prices will be effective from June 3, 2024.
How much has the price of Amul milk increased?
The price of Amul milk has increased by ₹2 per litre.
What are the new prices for Amul Taaza and Amul Full Cream milk?
Amul Taaza is now ₹56 per litre, and Amul Full Cream milk is ₹68 per litre.
Why have the milk prices been increased?
The price hike is due to rising production costs and the need to provide fair compensation to farmers.
