Thursday, November 21st, 2024

Dairy businesspersons not to increase milk price


02 January 2023  

Time taken to read : 2 Minute


  • A
  • A
  • A

KATHMANDU: The dairy businesspersons who recently hiked price of milk citing the rise in production cost of milk have taken back their decision to increase the price.

A meeting held at the Ministry of Agriculture and Livestock Development (MoALD) among the stakeholders reached the decision for the same.

Rajendra Prasad Yadav, executive director of the National Dairy Development Board, shared that discussion among the secretary at the MoALD, Board and the concerned bodies concluded to roll back the decision to recently hiked price of milk at present.

The meeting decided to conduct a scientific study considering the production cost of milk, inflation in market price and purchasing power of the consumers for the adjustment of price, informed Yadav.

Though the Board said that it appraised the MoALD, Dairy Development Corporation, Nepal Dairy Association among others about the decision, Dairy Industry Association Chairperson Raj Kumar Dahal shared that there was no such agreement or decision taken in the Sunday meeting.

“We agree to disagree on the conclusion of the meeting. We will take back the increase in milk price if the Board appraises us about the criteria to hike price,” Dahal asserted.

The Essential Commodities Control (Authorization) Act-2017 BS has listed milk as the essential food.

Some milk businesspersons hiked milk price by Rs 14 per litre since last Saturday.

They had cited the rise in production cost and high cost while buying from the farmers.

The Nepal Dairy Association and some umbrella organizations of farmers and consumer rights had protested the act of some limited dairy entrepreneurs.

The Board is entrusted with the responsibility to formulate policies to fix the price of milk and to recommend the revised price to the government in case of need.

Publish Date : 02 January 2023 07:20 AM

NC to discuss current economic situation and way forward

KATHMANDU: The Nepali Congress is to hold a discussion on

Private medical colleges, govt. hospitals directed to make service fees public

KATHMANDU: The Ministry of Health and Population has asked the

Finance Ministry reports uptick in revenue collection

KATHMANDU: Revenue collection in the first quarter of the current

PM directs officials to change work approach and show results in the next meeting

KATHMANDU: Prime Minister KP Sharma Oli has urged government officials

SC ruling on leaving additional 20 meters along riverbanks not to be implemented now

KATHMANDU: The Supreme Court’s verdict requiring an additional 20 meters