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States » SouthPosted at: Jun 4 2020 7:06PM


Covid-19 fallout: Milk unions reduce procurement price

Bengaluru, Jun 4 (UNI) District milk unions that procure milk from across the state have reduced procurement price for the second time as "the market for milk and milk products is not yet recovered yet".
The COVID-19 related lockdown since March 25 has severely affected the finances of the unions.
While the district unions slashed the procurement price between Rs 1.5 and Rs 2.5 per litre of milk in April, they are resorting to the second round of cut to the level of Rs 1, as unions have run into losses to a tune of several crores.
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