Moneycontrol PRO
HomeNewsBusinessAssam: Purabi Dairy hikes milk procurement rate

Assam: Purabi Dairy hikes milk procurement rate

The decision by the Guwahati-based cooperative, which markets milk and milk products under the Purabi Dairy brand, will directly benefit around 25,000 dairy farmers.

December 12, 2022 / 19:50 IST

Bringing cheers to thousands of dairy farmers, West Assam Milk Producers' Cooperative Union Ltd (WAMUL) on Monday said it has hiked the milk procurement rate by Rs 2 per kg with immediate effect.

The decision by the Guwahati-based cooperative, which markets milk and milk products under the Purabi Dairy brand, will directly benefit around 25,000 dairy farmers.

"Purabi Dairy has increased the milk procurement price paid to its producer members. With effect from December 11, all pourers shall get a basic price of Rs 39 per kg milk for milk having 4 per cent fat and 8.5 per cent SNF (Solid Not Fat)," WAMUL said in a statement.

With this revision, the milk procurement price will be uniform across all operational areas of WAMUL, it added.

The milk cooperative has also announced an incentive for the period December 11 to January 20, 2023 to further add value for the milk producers.

"During this period, the base rate will be Rs 40 per kg, giving a major income incentive to the dairy farmers during the Magh Bihu season," WAMUL said.

It further said that the final procurement price will be directly dependent on the quality of the milk and if a farmer is able to provide a higher quality milk, the procurement price can go even beyond Rs 45 per kg.

PTI
first published: Dec 12, 2022 07:50 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347