MUMBAI: The Bombay Milk Producers Association (BMPA) has announced a five-rupee increase in the wholesale rate of buffalo milk from Rs 80 to Rs 85 per litre.
The retail rate is expected to rise to Rs 90-95. The revised rates will apply from March 1 to August 31. Suppliers say the day is not far when buffalo milk will cost Rs 100 per litre.
Association spokesman C K Singh said, “The cost of milch animals and their fodder, has all risen by 15-25%. Grass and straw is much more expensive too. Hence, we have no option but to raise wholesale prices from Rs 80 to 85 per litre.”
The retail rate is expected to rise to Rs 90-95. The revised rates will apply from March 1 to August 31. Suppliers say the day is not far when buffalo milk will cost Rs 100 per litre.
Association spokesman C K Singh said, “The cost of milch animals and their fodder, has all risen by 15-25%. Grass and straw is much more expensive too. Hence, we have no option but to raise wholesale prices from Rs 80 to 85 per litre.”
