The Karnataka government has given the green light to an ₹8 per liter price hike for Nandini Milk. The new rates will come into effect from November 1. Out of the increased amount, ₹7 will go directly to milk-producing farmers, while ₹1 will go to milk cooperatives.
₹46 Milk to Now Cost ₹54:
Nandini's regular toned milk, currently priced at ₹46 per liter, will now cost ₹54 per liter. This will impact the household budgets of the general public.
Financial Relief for Farmers:
According to State Minister Krishna Byre Gowda, the primary objective of raising prices is to provide relief to farmers struggling with production costs. Farmers and milk cooperatives had been protesting and demanding a price increase for a long time.
Decision to Increase Bus Fares Postponed:
During the cabinet meeting, a proposal from the transport corporation to increase bus fares was also discussed, but the government decided not to hike bus fares for the time being.
