Mother Dairy hikes milk rate by Rs 2 per litre; no revision in MRP of cow milk

New Delhi, December 26: Mother Dairy on Monday hike milk rate by Rs 2 per litre. The new price will come into effect from December 27.  On the other hand, there is no revision in MRP of cow milk by Mother Diary.

The price will be effective in Delhi-NCR market, where Mother Dairy is the largest supplier. Notably, this is the fifth hike in milk prices by Mother Dairy this year.

As per the new rates, the prices of full-cream milk have been hiked by Rs 2 to Rs 66 per litre, while toned milk rate has been revised to Rs 53 per litre from Rs 51 per litre. Double-toned milk rate has been increased to Rs 47 per litre from Rs 45 per litre.

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On the other hand, Mother Dairy has not made any changes to the prices of cow milk and token (bulk vended) milk variants.  As per Mother Dairy, the hike follows increase in the company's procurement cost of raw milk from dairy farmers.

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"It is an unprecedented year for the dairy industry. We have been witnessing a significant increase in demand of milk and milk products from both consumers and institutions, even after festivals. On the other hand, procurement of raw milk has also not picked up after Diwali as was anticipated," the company said in a statement.

(With inputs from social media)