KARACHI: Just a month before Ramazan, dairy sector stakeholder decided to increase the price of fresh milk by Rs10 per litre to Rs150 from Tuesday (today). With the latest hike in the price of fresh milk, yogurt price will go up by Rs20 to reach Rs240 per kg.

On Nov 8, 2021, fresh milk and yogurt prices were raised by Rs10 per litre and Rs20 per kg to Rs140 and Rs220 from Rs130 and Rs200, respectively.

From March 2021 to date, consumers braved a price hike of Rs30 per litre in milk and Rs60 per kg in yogurt.

Spokesperson of Milk Retailers Association, Waheed Gaddi said the body rejects the latest price hike. However, he warned that milk price will further go up by Rs30 per litre in case the government does not withdraw 17 per cent general sales tax on milk inputs.

He said retailers were passing on the impact of Rs10 per litre in wholesale rates to the consumers. Retailers are getting milk at wholesale rate of Rs132-136 per litre, following an increase of Rs10 per litre.

Dairy Cattle Farmers Association (DCFA) President Shakir Gujjar claimed that farmers were not behind the latest increase in milk rates. “DCFA rejects the increase in prices by the wholesalers and retailers,” he added.

Dairy farmers had planned to raise the prices by Rs30 per litre — Rs20 in March and Rs10 after Eidul Fitr — but retailers and wholesalers colluded to raise rates, he added.

Published in Dawn, March 1st, 2022

Opinion

Editorial

IMF hopes
Updated 14 Sep, 2024

IMF hopes

Constant borrowing is not the solution to the nation’s deep-seated economic woes and structural issues.
Media unity
14 Sep, 2024

Media unity

IN recent years, media owners and senior decision-makers in newsrooms across the country have found themselves in...
Grim example
Updated 14 Sep, 2024

Grim example

The state, as well as the ulema, must reiterate the fact that no one can be allowed to play executioner in blasphemy cases.
Monetary easing
Updated 13 Sep, 2024

Monetary easing

The fresh rate cut shows SBP's confidence over recent economic stability amid hopes of IMF Board approving new bailout.
Troubled waters
13 Sep, 2024

Troubled waters

THE proposed contentious amendments to the Irsa Act have stirred up quite a few emotions in Sindh. Balochistan, too,...
Deceptive records
13 Sep, 2024

Deceptive records

IN a post-pandemic world, we should know better than to tamper with grave public health issues, particularly fudging...