Rs50 per litre hike in milk price demanded by Karachi farmers
Farmers threaten protest outside CM House if milk price hike notification not issued by Oct 1
KARACHI: Dairy farmers in Karachi urged the government to approve a Rs50 per litre hike in milk price, citing heavy losses caused by recent floods.
Addressing a press conference at the Karachi Press Club, Dairy Farmers Association leaders said recent floods had severely impacted Karachi’s dairy farmers.
“The rates of almost every item used in the dairy industry have risen by nearly 30%,” they said, warning that if the trend continued, there was a risk of animals starving to death.
The dairy farmers said they were already suffering losses of Rs3 billion per day in connection with the milk supply.
“More than one million animals [cattle and buffalo] are present in different colonies of the city, while the industry supplies 5 million litres of milk to Karachi on a daily basis,” they noted.
In view of the prevailing situation, the farmers said that an immediate increase of Rs50 per litre in milk prices was inevitable.
The farmers threatened to stage a protest outside the Sindh Chief Minister’s House if a notification for a hike in milk prices was not issued by October 1.
Milk is currently being sold at Rs220 per litre across the city.
-
Revolut wins conditional US National bank charter approval: What’s next?
-
Elon Musk confirms Starlink is officially live in UAE: Know all details
-
Trump $1 coin could break a century-old US currency tradition: Here’s why
-
Thomson Reuters confirms cybersecurity incident, says unauthorized party accessed sensitive files
-
Bank of Canada holds interest rates as Canada-US trade war escalates
-
Dell shares spike as surging AI server demand spurs record forecast raise
-
Range Rover's first-ever electric vehicle is here: Key specifications explained
-
Ukraine rejects IMF-linked parcel tax as billions in foreign aid hang in balance