Mother Dairy Slashes Milk Prices by ₹2 Per Litre
In a move to provide relief to consumers grappling with rising inflation, Mother Dairy has announced a reduction in milk prices by ₹2 per litre. The revised prices will be effective from September 22.
The decision comes in the wake of a revision in Goods and Services Tax (GST) rates on certain milk products. The company stated that the benefit of the reduced tax burden is being passed on to consumers.
“We have decided to reduce the prices of all variants of our liquid milk by ₹2 per litre with effect from September 22,” a Mother Dairy spokesperson said.
This price cut is expected to ease the financial strain on households, particularly those who rely heavily on dairy products. Milk is a staple food item, and any fluctuation in its price has a significant impact on household budgets.
The reduction in prices applies to all types of milk sold by Mother Dairy, including:
- Full cream milk
- Toned milk
- Double toned milk
- Cow milk
- Token milk
Industry experts believe that Mother Dairy’s decision could prompt other dairy companies to follow suit, leading to a widespread reduction in milk prices across the country. This would provide much-needed respite to consumers who have been battling soaring food prices for several months.
Mother Dairy is one of the leading milk suppliers in Delhi-NCR and other major cities in India. The company sells approximately 35 lakh litres of milk per day in the Delhi-NCR region alone.
The company has been actively working to optimize its operations and reduce costs in order to maintain affordable prices for consumers. The recent GST rate revision provided an opportunity to further reduce the burden on consumers.
“We are committed to providing high-quality milk and dairy products at affordable prices,” the spokesperson added. “This price cut is a testament to our commitment to our consumers.”
The move is likely to be welcomed by consumers across the country, who have been eagerly awaiting some relief from the relentless rise in prices of essential commodities.
This price reduction is a welcome step amid the ongoing inflationary pressures impacting household budgets nationwide.
The company has been closely monitoring market conditions and has taken this step to ensure that consumers continue to have access to affordable and nutritious milk.
Disclaimer: This news article is based on publicly available information and may be subject to updates.