OMFED Milk price Hike by Rs 2 per litre, In Effect From Today Onwards

by Dikhyaa Mohanty
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The revised rate of OMFED milk has come into effect from today. On April 18 the Odisha State Cooperative Milk Producers’ Federation (OMFED) announced the revised prices of procurement and marketing prices.

The price of the milk has been increased by Rs 2 per liter. OMFED has taken a decision to revise the rates of milk in view of the demand of the milk farmers. A 500 ml packet of OMFED milk was being sold at Rs 23. As per the revised rate, the packets will be sold at Rs 24. The price of OMFED Gold Milk and Premium milk will be Rs 48 from Rs 46 per liter and OMFED Toned Milk will be at Rs 42 from Rs 40 per liter.

In an official statement, OMFED said “This price hike is being done due to a rise in costs of energy, packaging, logistics and cattle feed that has led to an increase in the overall cost of operation and milk production. Considering the rise in input costs, we have also increased milk procurement prices in the range of Rs 33.94 per kg to Rs 35.64 per kg which is more than 5% over the last revision. The price revision shall help in sustaining remunerative milk prices for our milk producers and encourage them to higher milk production.

OMFED gives around 75 paise of every rupee paid by consumers for milk and milk products towards procurement of milk after meeting its operating expenses and other overheads. Also, OMFED is likely to launch a new variety of milk in Bhubaneswar, Cuttack, and Puri namely ‘Chai Special’ which will cost Rs 23 per packet of 500 ml of milk.

Notably, the price of OMFED milk was hiked by Rs 2 per litre earlier in 2020.

 

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