Milkfed Punjab increases milk procurement price by Rs 20 per kg fat
Chandigarh, May 21: Amid continuous hike in the purchase price of raw cattle feed ingredients, fodder and other milk production overhead costs, Milkfed Punjab has decided to increase its milk procurement price being paid to farmers by Rs 20 per kg fat from May 21.
With this, cow milk rate will increase approximately by Rs 1 per kg and buffalo milk by Rs 1.40 per kg milk for farmers.
Punjab Co-operation Minister Harpal Singh Cheema urged all milk producers to strengthen milk co-operative societies of Verka by pouring maximum milk during the summer period so that Verka gets more milk, and profits earned are utilised to strengthen the milk co-operative societies.
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Milkfed Managing Director, Kamaldeep Singh Sangha said after agriculture, milk production was the main occupation of rural population. Milkfed was already paying higher milk procurement price to its milk producers as compared to other neighboring states, he added.
Meanwhile, earlier in the day, several dairy farmers from Punjab gathered outside the Verka Milk Plant in Mohali to protest against the government for not increasing the milk procurement prices despite increase in milk production costs.
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-PTC News
