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The Karnataka government has announced a Rs 4 per liter hike in milk prices following a detailed discussion in the state cabinet. The decision, aimed at benefiting dairy farmers, was taken after extensive consultations on the extent of the increase.
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The revised prices were approved by the cabinet after considering various factors, including rising production costs and the need to support the state’s dairy industry. Farmers have welcomed the decision, as they expect the price revision to improve their earnings and offset increased input costs.
The hike is expected to have a direct impact on consumers, who will now have to pay more for milk and milk-based products. However, the government justified the increase, citing the necessity to balance farmer welfare with market dynamics.
Officials stated that the decision was made after deliberations on how much to raise prices while ensuring affordability for consumers. The Karnataka Milk Federation (KMF) is expected to implement the new pricing structure soon.
With the cabinet's approval, this marks a significant policy move to support the dairy sector while addressing economic concerns. The government’s decision is expected to have a ripple effect on milk procurement rates and retail pricing across the state.
Further details on the implementation timeline and exact price adjustments for different milk variants will be announced in the coming days.
