BREAKING: After Fuel, Nandini Milk Prices Up ₹2 Per Litre in Karnataka. Check Revised Rates

Bengaluru: Amid rising fuel and vegetable prices, Karnataka grapples with another essential commodity cost increase. The Karnataka Milk Federation announced a Rs 2 raise in Nandini milk prices statewide on Tuesday. The official notification about the price hike also stated that the federation would provide an additional 50 ml of milk to offset the increase. After the revision, consumers in Karnataka will have to spend Rs 44 per litre for Nandini milk, up from the earlier price of Rs 42 per litre.

The announcement, made by KMF chairman Bhima Naik during a press conference in Bengaluru on Tuesday, marks the second price hike for Nandini milk within a year. The previous increase took place in July 2023.

Fuel Price Hike in Karnataka

The Karnataka government on June 15 hiked local VAT (value added tax) from 25.92 per cent to 29.84 per cent on petrol and from 14.3 per cent to 18.4 per cent on diesel. This led to petrol price now costing Rs 102.86 per litre in Bengaluru and diesel coming for Rs 88.94 a litre.     

Water Tariff Might Go Up 

Though an official confirmation is still awaited, Deputy Chief Minister DK Shivakumar strongly hinted at a hike in water tariffs in Bengaluru, citing the financial losses currently faced by the Bengaluru Water Supply and Sewerage Board (BWSSB). This increase in water charges is expected to impact residents, adding to their financial burden amidst already rising living costs.  “The water tariff has not been increased in Bengaluru in the last 10 years. There has been a great loss. We have to take on new projects. No bank is coming forward to finance the BWSSB. Every year we suffer a big loss. The financing companies are saying that we are only politicising the issues but not trying to at least break the company. I have asked the officials to examine the issue. We will put the facts in the public domain and then we will take the decision,” DK Shivakumar reportedly said.