Karnataka Cooperative Milk Producers’ Federation Limited (KMF) plans to increase the selling price of milk by ₹3 per litre.
KMF Chairman Balachandra Jarkiholi sent a letter to Chief Minister Basavaraj Bommai on April 25, two weeks after Cooperative Minister S T Somashekar refused to approve the proposed hike. Mr Jarkiholi had also met the CM earlier this week with the request, say KMF officials.
In a statement released to the media, the chairman said that KMF was constrained to raise the price as its input costs had increased in the last two years. Nandini branded milk is the cheapest in the market. All other brands are costlier by at least ₹8. Most milk brands, including Amul, have increased their sale price.