The cost of living committee has recommended that the price of a 400g packet of milk powder be increased by Rs 20 and a Kilogram by Rs.50. The Finance Ministry said that new price revision will be effect from mid night today.However Clidren milk food remains in sameold prices.
Reports emerged yesterday that milk powder importers had stopped importing milk powder pending approval for a Rs 100 increase in Milk powder prices. A senior official at the CAA revealed to News1st today that CEOs of a number of milk powder producers had come before the Cost of living Committee on two occasions to make a similar request.
