Rs.4 per litre subsidy for milk producers in Karnataka

Congress party leader and new Chief Minister of Karnataka state K. Siddaramaiah waves to his supporters during his oath-taking ceremony at the Kanteerva Stadium in Bangalore, India, Monday, May 13, 2013. Siddaramaiah, 64, administered the oath of office Monday in front of thousands of supporters marking the return of the administration back to the hands of Congress, in the state, after more than 7 years, according to local reports. AP photo

A subsidy of Rs.4 per litre of milk will be given to dairy producers and families across Karnataka, state Chief Minister Siddaramaiah announced here Monday.

"The subsidy will benefit 7.5 lakh (750,000) milk producers and will cost the state exchequer Rs.496 crore per annum," Siddaramaiah told reporters at Vidhana Soudha, soon after assuming office.

The revised milk subsidy, which has been doubled from Rs.2 per litre given during the erstwhile Bharatiya Janata Party government, is one of the promises the ruling Congress made in its election manifesto ahead of the state legislative assembly poll May 5.

"The revised subsidy will come into force from today (Monday)," Siddaramaiah added.

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