Karnataka govt hikes milk prices by Rs 3 per litre

The decision aim to increase milk procurement by easing KMF's costs.

Karnataka Milk Federation (KMF) cited lower milk procurement due to higher prices offered for farmers. (File photo)

Listen to this article

00:00

1x 1.5x 1.8x

The Karnataka Cabinet on Thursday decided to increase milk prices by Rs 3 per litre in the state effective August 1, following demands from milk producers’ unions.

The Cabinet gave post-facto approval a week after approving the hike in a meeting with Karnataka Milk Federation (KMF) representatives. KMF cited lower procurement due to higher prices offered to farmers by private players.

Law Minister HK Patil said the Cabinet approved the decision on Thursday.

Story continues below this ad

The Cabinet also established the Karnataka State Road Regulatory and Development Authority, to be headed by the CM, for public-private partnership road projects.

Patil said the Authority will focus on major economically important roads, tourism, and inter-state connectivity projects that can attract private investment.

Additionally, a one-time settlement scheme was cleared to recover Rs 6,105 crore in penalties for illegal minor mineral mining over eight years. A panel will form guidelines.

The decisions aim to increase milk procurement by easing KMF’s costs and boost infrastructure with private participation in road building.

Stay updated with the latest - Click here to follow us on Instagram