Rising milk prices will derail household budgets | Bhopal News

BHOPAL: The MP Milk Federation’s proposed increase in milk prices will not only impact household budgets, but the prices of sweets, food and dairy products are also likely to rise. In addition, the prices of ice cream, lassi and cold coffee, which sell like hot cakes to beat the heat during the summer season, will also see a price hike.
Market sources point out that not only milk, but also the prices of all ingredients used to make sweets and dairy products have risen in recent years and it is now difficult to absorb rising input costs.
“An increase of Rs 2 per 1/2 liter packet of milk may not seem like a significant increase at first sight. But, if you look closely, it is an increase of Rs 120 per month for a household using 1 liter of milk per day.
And, don’t forget that bread prices have increased by Rs 5 per 350 gram pack recently, egg prices have also increased from time to time. So our breakfast would cost a lot more than it did until recently,” said Rakesh Kushwah, a middle-aged man, who was talking about rising prices for Sanchi brand milk from of Monday with his dairy owner.
Ramesh Gupta, a student, who eats in a hotel, said milk not only affects household budgets and sweets prices, as people tend to believe, but also has an impact on the prices of the food, because what you normally get in hotels as vegetables in Bhopal is paneer in different shapes, ice cream, chocolates, team coffee, lassi and maybe several other things.
Rakesh Gupta, owner of Chhappan Bhog, when asked about the likely impact of rising milk prices on sweets, said: “Their prices will also rise. There will be a 5-10% increase in the prices of manufactured sweets and other dairy products,” he said.
Manohar Dairy owner Vinay Harwani said, “It’s not just about milk. The cost of all inputs has increased. If it was only milk or any other input, we would have absorbed the increased costs, but now we will have to rework the prices of confectionery and other products sold from our restaurant and increase them.
We had absorbed the increase in input costs because the volume of business during the coronavirus period was also affected, but things are normal now and input costs have increased to such an extent that they can no longer be absorbed at the current price level. »

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