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Hike in milk price: Workout formula to protect the interest of both consumers and farmers: CM Bommai

Bengaluru: Chief Minister Basavaraj Bommai said he instructed Karnataka Milk Federation (KMF) to work out a formula that will not burden consumers as well as not cause injustice to farmers.

The CM said he collected information about the prevailing prices of milk in other states, expenditure incurred by KMF, reasons for the hike in milk price, leakages in the federation, and steps taken by the authorities to plug that leakage. The KMF was asked to come out with a compromising formula that will benefit both farmers and consumers within two days, and take necessary decisions in the KMF Board of directors meeting. “Let us not hike the milk price by Rs 3 per litre and the KMF must take a suitable decision by protecting the interest of consumers as well as farmers”.

The CM said the KMF a subsidiary of the Government, has been giving incentives to farmers as well as the milk to school children. The government must also protect the interest of farmers and consumers. The federation was given suitable direction. It is true that the milk price keeps changing but as private dairies are also in this field and competing with the KMF. In view of all these factors, the federation was asked to take an appropriate decision.

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