BENGALURU: The Karnataka Cabinet on Thursday approved an Rs 8-per-litre hike in milk prices, with the increase set to take effect from November 1.
Of the revised amount, Rs 7 will go to the farmers and Rs 1 to milk unions, Minister Krishna Byre Gowda said, following demands from farmers for better returns amid rising costs.
The decision comes after milk producers staged protests seeking a higher procurement price, with their representatives urging the state government to raise the rate by at least Rs 10 per litre.
Farmers to get Rs 42 per litre
Addressing reporters after the Cabinet meeting, Gowda said, "Given the crisis faced by farmers, members of all parties in the Legislative Council had called for measures to support them. Milk producers themselves had taken to the streets in protest, and the cooperatives had also pressed for an increase."
He said the Cabinet had considered the issue on two or three occasions before reaching a unanimous decision.
"Respecting these demands, the Cabinet has today decided to increase the price paid to milk-producing farmers by Rs 7 per…