Don’t miss the latest developments in business and finance.

Prices not hiked as additional cost is for more quantity of milk: K'taka CM

When told that restaurants are reportedly planning to hike coffee and tea prices, the Chief Minister said, "how will they increase, they can increase when milk prices are hiked."

Siddaramaiah, Karnataka CM
Deputy Chief Minister D K Shivakumar said the move is aimed at benefiting farmers and prices should have been hiked more. (Photo:PTI)
Press Trust of India Bengaluru
2 min read Last Updated : Jun 26 2024 | 5:23 PM IST

Karnataka Chief Minister Siddaramaiah on Wednesday defended the Rs two hike in 'Nandini' milk prices with additional 50 ml of milk in half-litre and one litre packets, stating that it has been done keeping in mind the interest of farmers in view of rising procurement.

He reiterated that milk prices have not been increased.

"Last year during the same time milk (production) was 90 lakh litres (per day), now it is more than 99 lakh litre. We have to procure milk from farmers, we cannot say no to them, the milk is produced and it has to be marketed. So we have enhanced the half litre milk packet quantity by 50 ml," Siddaramaiah told reporters here.

"The quantity has been enhanced and, proportionate to the increased quantity, the price has been hiked. The cost of 50 ml that has been enhanced in half and one litre packet is Rs 2.10, and we have increased Rs 2, where have we hiked the milk price?" he said. "Can we throw away (more) milk that has been produced? Can we say to farmers we will not procure from them?

When told that restaurants are reportedly planning to hike coffee and tea prices, the Chief Minister said, "how will they increase, they can increase when milk prices are hiked."
 


The opposition BJP took a dig at the government as the hike in milk prices came days after the government increased fuel prices in the state.

Deputy Chief Minister D K Shivakumar said the move is aimed at benefiting farmers and prices should have been hiked more.

"This shows that BJP is anti-farmers. The increased amount will go to the farmers who are in distress. KMF (Karnataka Milk Federation) is a farmers' organisation, this is to benefit farmers. According to me, prices should have been hiked more....farmers are in distress, they are selling their cattle unable to take care of them," he said

BJP should have demanded a hike in prices for the benefit of farmers, he said, asking the party to compare the milk prices in other states.

Also Read

Topics :Milk pricesKarnataka

First Published: Jun 26 2024 | 5:23 PM IST

Next Story