MUMBAI: The Maharashtra government on Friday announced a minimum procurement price of Rs 34 per litre for cow milk. This is the lowest rate which dairy firms must pay to farmers to buy milk. The earlier rate was approximately Rs 32.
The state plans to revise rates every three months. Consumers fear this could raise milk prices periodically. However, Jayen Mehta, managing director of Amul, India's largest dairy, informed TOI Friday, "No. There is no plan to increase Amul milk prices in Mumbai or any other market." Other national and state dairies deferred comment.
