Milk Price Hike: After Amul, now Parag Milk Foods has also announced to increase the price of Govardhan brand today.
Milk Price Hike: After Amul, now the dairy firm Parag Milk Foods has also announced to increase the price of Govardhan brand on March 1, 2022. According to the company’s announcement, cow’s milk has now become costlier by Rs 2 per liter. The increased prices have become effective from today. According to the decision of the company, this decision has been taken due to the increased cost. After this announcement, now Govardhan Gold Milk will be available at Rs 50 per liter instead of Rs 48. On the other hand, Govardhan Fresh will be available for Rs 48 instead of Rs 46. Govardhan is a fresh toned variety.
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Prices increased for three years
Devendra Shah, chairman, Param Milk Foods, said that this decision has been taken due to the increase in the cost of energy, packaging, logistics and fodder. After about three years, the company has decided to increase the prices. Parag Milk Foods says that as the cost of dairy farmers has gone up and the demand for milk increases in summer, adequate support is needed to encourage farmers to increase milk production. In such a situation, the company decided to increase the prices. According to the company, the benefit of the increased prices will be passed on to the farmers in the current circumstances. The company has also cut trade discounts and other costs.
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Amul’s milk is also expensive by two rupees
Earlier on Monday, it was announced to increase the prices of Amul’s milk and milk products and its increased prices have become effective from Tuesday. The Gujarat Corporate Milk Marketing Federation (GCMMF), which sells milk and milk products under the brand name Amul, on Monday announced to increase the price of milk by Rs 2 per liter.