KMF seeks govt nod for hike in milk price

 
The Cooperation Department has asked the Federation to send details explaining the reasons to increase the price. At present the price of a litre of toned milk is Rs 16. The price was last hiked by Rs 2 in November 2007.

Cooperation minister Lakshman Savadi told reporters here on Thursday, “KMF Chairman Somasekhar Reddy recently appealed to me to withdraw the direction issued by the Government not to increase the milk price.” The direction was issued when JD(S) leader H D Revanna was heading the Federation.

The Federation has cited the dip in profit margin, hike in power charges and transport expenditure as reasons. The prices in neighbouring states Andhra Pradesh, Maharashtra and Goa had been more compared to Karnataka, he said.

Savadi said, the federation had proposed to give away up to 70 per cent of the increased amount to milk producers. The government had asked the Federation to file a detailed proposal regarding the milk price.

Elections

The minister said the elections for 9,000 co-operative societies would be held by April 30 this year. Elections to primary and secondary societies would be completed by April 1. Polls for federal societies would be held by April 20 and for Apex societies would be held on April 29.

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