Bihar's 'Sudha' hikes milk prices by up to Rs 3 per litre

Image
IANS Patna
Last Updated : Sep 21 2017 | 9:07 PM IST

The Bihar State Co-operative Milk Producers' Federation (COMPFED), which sells milk and milk products in the state and outside it under the brand name of "Sudha", on Thursday increased prices of the two available varieties of milk by Rs 2 and Rs 3 per litre.

This decision of COMPFED surprised millions of people, who are busy preparing for Durga Puja that began on Thursday, as use of milk doubles during this festive season in every family.

Consumers in Bihar would have to pay Rs 2 and Rs 3 more for a litre of milk from Friday, officials said.

A COMPFED official told IANS that the new prices would be effective from Friday.

"The milk prices of Sudha brand will be Rs 2 and Rs 3 costlier now," the official said, elaborating that Sudha Shakti would now be available at Rs 41 a kg from Rs 39 and Sudha Gold at Rs 48 per litre from Rs 45.

COMPFED's officials justified the increase in milk prices, saying that farmers would benefit from it. "Now farmers will get Rs 1.5 to Rs 2 more per litre."

However, common consumers have expressed their anger over it. "At a time when common people are struggling, increase of milk price by Rs 3 is bad news for us," said Saket Kumar, a businessman.

Opposition Rashtriya Janata Dal has also criticised the state government's decision to increase milk prices on the eve of Durga Puja.

--IANS

ik/nir/bg

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 21 2017 | 9:00 PM IST

Next Story