Price Increasing in Milk

Kathmandu, Mar. 5: The government has increased the price of milk. The meeting of the Council of Ministers decided to increase it.

According to Prakash Kumar Sanjel, spokesperson of the Ministry of Agriculture and Livestock Development, the price has become Rs. 65.5 from 56.4 per litre. Farmers were complaining that they could not get a fair price for milk. Even a year ago, the government had increased the price of milk.

The Ministry of Agriculture and Livestock Development has recommended prices including the suggestion made by dairy entrepreneurs, and farmers to the Cabinet for approval. The National Dairy Development Board proposed milk prices in coordination with Dairy Development Corporation (DDC), Nepal Dairy Association, Dairy Industries Association and Central Dairy Cooperative Association Limited Nepal.

The increase in the price of milk expected to encourage farmers in the production. There is still a shortage of around 100,000 litres of milk to meet the market demand. Around 765,000 litres of milk has been supplied in the market daily.

Spokesperson Sanjel hoped that milk collection of DDC would increase after price adjustment. He said that the consumers would be hit as the price of processed milk and dairy products would increase.

Share post: