By IANS
Chennai : The state government has decided to increase the price of Tamil Nadu Cooperative Milk Producers’ Federation’s (Aavin) toned milk by Rs.2 per litre from Monday.
Consequently, the selling price of toned milk will go up to Rs.15.75 per litre.
The price increase follows a hike in the procurement price of buffalo milk by Rs.4 per litre and of cow milk by Rs.2 per litre.
The government has also toned down the procurement quality parameters along with the price revision.
As per the new norms, the milk supplied to Aavin can have minimum solids of 12.5 percent as against the earlier norm of 13 percent.
With Aavin hiking the price of its bulk-moving product, private dairies might also follow, as they have to pay higher price to source milk.
Asked about the possibility of price increase by his company, C.S. Balaji, general manager-marketing and exports, Hatsun Agro Products Ltd said: “We have to study the recent development and take an appropriate decision.”