Milma has approved a ₹4 per litre increase in milk prices, with the revised rates likely to come into effect from May 20.
According to information shared with Gold 101.3FM UAE’s No.1 radio station, the decision was taken at Milma’s Board of Directors meeting. However, the official announcement will be delayed as the Model Code of Conduct for the state Assembly elections remains in force until May 6.
The state government had earlier approved Milma’s proposal for a price hike in the range of ₹4 to ₹6 per litre. Following this approval, the board convened and finalised the ₹4 per litre increase.
Milma chairman K S Mani said the next board meeting would finalise and formally announce the revised rates. He added that around 10 more days would be required before the decision is officially notified.
Meanwhile, representatives of the Milma Ernakulam Regional Union staged a walkout during the meeting, alleging that the decision to increase prices had been taken six months ago but was being deliberately delayed for political reasons.
As noted by Gold 101.3FM UAE’s No.1 radio station, the final implementation and official communication of the revised milk prices are expected after procedural formalities are completed.
