Nandini ghee, butter, paneer get costlier after milk, curd price hike
Among the biggest increases is the price of Nandini ghee. The one-litre sachet, previously priced at Rs 715, will now cost Rs 850.
Days after hiking prices for milk and curd, the Karnataka government has increased Nandini ghee, butter, and paneer rates. As per the Bengaluru Milk Union's (BAMUL) circular, the revised prices took effect from Thursday (November 4).
The move is the second significant price hike for ghee, butter, and paneer, which saw a 10 per cent increase earlier this year.
Also read: Karnataka hikes Nandini milk price by Rs 8 per litre; what are prices in other states?
Among the biggest increases is the price of Nandini ghee. The one-litre sachet, previously priced at Rs 715, will now cost Rs 850. Similarly, the price of a one-kg paneer pack has risen from Rs 408 to Rs 485, while 500 grams of unsalted butter will now retail at Rs 390, up from Rs 285.
Here is the revised price list:
Ghee sachets: 200 ml now costs Rs 95, 500 ml costs Rs 425, and 1 litre costs Rs 850.
Ghee PET jars: 50 ml now costs Rs 65, 100 ml costs Rs 100, 200 ml costs Rs 180, 500 ml costs Rs 435, 1 litre costs Rs 870, and 5 litres costs Rs 4,250.
Ghee tins: 1 litre now costs Rs 870, while 15 kg costs Rs 14,100.
Butter: 100 gm now costs Rs 90, 200 gm costs Rs 160, and 500 gm of unsalted butter costs Rs 390.
Paneer: 200 gm now costs Rs 115, 500 gm costs Rs 260, and 1 kg costs Rs 485.
Why prices for milk products are increasing in Karnataka?
Karnataka Chief Minister DK Shivakumar said that the milk price hike would benefit nearly 11 lakh farmer families across the state. Also, currently, milk is being diverted to states where they could get higher prices, however, with the price hike, we could expect to see milk supplies being diverted back to Karnataka.
Interacting with media persons on November 2, Shivakumar said that there has been a demand to increase the prices further.
“There is definitely anger among people. Nobody speaks when the price of bottled water increases because the GST goes to the Centre. The increase in milk prices will help lakhs of farmer families,” he said.
The Nandini price revision comes shortly after Amul announced a similar hike in select ghee and butter products. The dairy major has increased the prices of its regular and cow ghee variants across different pack sizes. Butter has also become costlier, with both the 100-gram and 500-gram packs seeing price revisions.