September 11, 2013

Indian state Karnataka's milk prices rise

Milk prices in the Indian state of Karnataka went up by INR2 (US$0.03) from Wednesday (Sep 4), according to Karnataka Milk Federation (KMF).

The decision has been buoyed partly by an increase in diesel prices leading to rise in transportation costs and funds needed to augment infrastructure have contributed to the decision. However the prices are still lower compared to neighbouring states, sources said.

Meanwhile, the state government sought to steer clear of the decision, saying it was left to the milk unions to take a call on the prices.

Animal Husbandry Minister T.B. Jayachandra told reporters, "We can't interfere. We have told them (KMF) that they have to survive on their own and mobilise funds on their own."