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Published on 6 Feb 2023
The increase in milk prices in India can be attributed to several factors, including:
Increase in demand: With the growing population and rising disposable income, the demand for milk and dairy products has increased, leading to an increase in prices.
Cost of production: The cost of producing milk has gone up due to the rising cost of animal feed, labor, and transportation.
Drought and fluctuating weather patterns: Drought and other weather-related issues have affected the supply of animal feed, leading to an increase in the cost of production and therefore, an increase in milk prices.
Middlemen and transportation costs: The involvement of middlemen and the cost of transportation can also contribute to the rise in milk prices.
These factors, among others, have led to an increase in milk prices in India.
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