1. Karnataka hikes Nandini milk price by Rs 8 per litre from November 1

Karnataka hikes Nandini milk price by Rs 8 per litre from November 1

India

  • The Karnataka Cabinet on Thursday approved a Rs 8 a litre rise in Nandini milk prices from 1 November.
  • Toned milk in the blue packet will cost Rs 54 a litre, up from Rs 46, a rise of about 17%.
  • Minister Krishna Byre Gowda said Rs 7 of the increase goes to dairy farmers and Rs 1 to milk unions.
  • Unions had sought Rs 8-10 a litre, citing higher feed, medicine and transport costs amid drought.

Source: moneycontrol.com

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