Karnataka hikes milk prices by Rs 8 per litre from Nov 1
The Karnataka government has approved an 8-rupee-per-litre hike in milk prices, effective November 1, to support farmers facing rising costs. Of this increase, 7 rupees will go directly to farmers, while 1 rupee will support milk cooperatives.
Why it matters
This decision addresses the economic grievances of agricultural workers and reflects the state government's attempt to balance farmer income with consumer costs.
BENGALURU: The Karnataka Cabinet on Thursday approved an Rs 8-per-litre hike in milk prices, with the increase set to take effect from November 1.Of the revised amount, Rs 7 will go to the farmers and Rs 1 to milk unions, Minister Krishna Byre Gowda said, following demands from farmers for better returns amid rising costs.The decision comes after milk producers staged protests seeking a higher procurement price, with their representatives urging the state government to raise the rate by at least Rs 10 per litre.Farmers to get Rs 42 per litreAddressing reporters after the Cabinet meeting, Gowda said, "Given the crisis faced by farmers, members of all parties in the Legislative Council had called for measures to support them.
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