Verka increases milk procurement price by Rs 10 kg/fat
Chandigarh, March 19, 2021: The Punjab State Cooperative Milk Producer’s Federation Limited (MILKFED) has increased the procurement rate by Rs 10 per kg fat both for buffalo and cow milk with the effect from March 21.
With the hike, the new price for buffalo milk per kg fat is Rs 660, and that of cow milk of Rs 630.
“The decision has been taken so as to curb diversion, compete with the private sector, maintain/increase milk procurement and meet the increasing demand of liquid milk and fresh milk products to the consumers in the coming lean season,” issued Verka.