KARACHI/LAHORE: Dairy and Cattle Farmers Association has hinted at raising milk price to Rs 170 per litre.
Dairy and Cattle Farmers Association (DCFA) President Shakir Omar Gujjar, while estimating the price of milk at Farm Gate, said that in the first phase, the price will increase by Rs 30 per litre, while the second increase will take according to time and circumstances. The new price will be effective from March 1, which will be Rs 170 per litre.
Shakir Umar Gujjar said that the production cost of milk at Farmgate is Rs.177.70 per litre and Rs.197 per litre with a profit of Rs.17.77.
Read more: ECC allows Ministry of Industries and Production to build sugar reserves
The Dairy and Cattle Farmers Association said the increase could be significantly reduced if the Ministry of Commerce banned the export of essential commodities and withdrew 17 per cent sales tax on inputs.
He said that the rent per litre would be Rs 220 per liter including the profit of wholesalers and retailers while the new milk prices would be announced on February 25 in collaboration with other stakeholders.
He feared that the prices would be gradually increased to Rs 225 per litre by the end of this year.
