Dairy cooperative Amul hiked over the weekend the retail price of milk in Gujarat after taking a similar step in other regions earlier.
Milk prices in India have increased by 12-15 per cent in the last 15 months and experts say the hikes won’t stop before September-October 2023. Milk inflation has increased from 5.55 per cent in September 2022 to 10.33 per cent in February 2023. Inflation for other food items has decreased during the same period.
A survey done by Local Circles, a community social media platform, some months back found that four out of 10 Indian households are