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Bengaluru: The Karnataka milk price increase of ₹8 per litre takes effect on November 10, with ₹7 of the rise going to farmers and ₹1 to milk unions, Chief Minister D K Shivakumar said.
Shivakumar said the procurement price would increase from ₹35 to ₹42 per litre. With a further ₹5 subsidy, the amount would be ₹47, according to his statement.
He estimated that a farmer supplying 10 litres a day would receive ₹2,100 a month from the increase.
After the increase, toned milk would cost ₹54 and Shubham milk with 4.5% fat ₹60, Shivakumar said. He said the prices remained below an average of ₹62.80 in other states.
For the earlier explanation of how the increase would be divided, read the report on the ₹7 farmer share.
