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Nandini curd prices to be cut by Rs 2 per litre, says DK Shivakumar after backlash
Sentiment: NeutralHigh Priority
What Happened?
Karnataka Chief Minister DK Shivakumar announced a Rs 2 reduction in Nandini curd prices after backlash from the public and opposition. The price hike had previously drawn criticism.
Key points
- Karnataka Milk Federation agreed to reduce Nandini curd prices by Rs 2 per litre.
- The price of a 500-gram curd pouch increased from Rs 28 to Rs 34.
- The price of a one-kg curd pouch increased from Rs 54 to Rs 68.
- The Karnataka Cabinet raised Nandini milk prices by Rs 8 per litre, effective November 1.
- Protests against the price hike were reported across Karnataka, including a demonstration by the BJP women's wing.
Key insights
- The price reduction could help restore public trust in the government amid rising living costs.
- The protests indicate significant public dissatisfaction with recent price hikes.
- The government's defense of price increases highlights the ongoing tension between consumer interests and farmer support.
Why it matters
The price reduction may alleviate consumer concerns following the backlash against the previous price hike.
Entities
Karnataka Milk Federation· OrganizationDK Shivakumar· PersonBJP· OrganizationKarnataka· State
Source
India Today
