Friday, August 16, 2019

Milk price to go up by Rs 10 per litre

The government is likely to hike milk price by up to Rs 10 per litre targeting the rise in cost of milk production for farmers.
According to acting executive director of the National Dairy Development Board (NDDB) Babukaji Panta, the preparation is under way to raise milk price by up to Rs 10 per litre. Panta is the coordinator of the task force formed by the Ministry of Agriculture and Livestock Development (MoALD) to review milk price.
The ministry – on Wednesday – has formed an eight-member task force led by Panta to revise milk price. The task force includes representatives from Nepal Dairy Association, Dairy Industry Association, Central Dairy Cooperative Association, Dairy Development Corporation, Department of Livestock Services, and technical officer of NDDB.
The farmers had been demanding to hike upto Rs 10 per litre since long. But they are still holding consultations with other stakeholders on this front. “The task force will soon submit its report to the government recommending that the milk price be increased in favour of farmers,” Panta said, adding that farmers will get 69 per cent of the raised price of milk – after the revision – while dairies and milk distributors will get the remaining amount like they are getting now.
The Central Dairy Cooperative Association has also been lobbying that the government should increase milk price by Rs 10 per litre as the price has not been revised since more than two-and-a-half years. “The government is reluctant to raise milk price though inflation has hit every sector,” the association informed.

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