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Tamil Nadu's Aavin Raises Dairy Product Prices Ahead of Diwali
Sentiment: NeutralHigh Priority
What Happened?
Aavin, Tamil Nadu’s state-owned dairy cooperative, has increased prices for various dairy products, marking the first hike under Chief Minister C Joseph Vijay's government. The changes take effect on October 28.
Key points
- Aavin has raised prices for ghee, butter, curd, lassi, and cookies.
- The price of a 100-ml pack of ghee increased from Rs 80 to Rs 95.
- A 200-ml pack of ghee now costs Rs 180, up from Rs 160.
- Butter prices rose, with a 100-gram pack now costing Rs 70 instead of Rs 60.
- The new prices will take effect from October 28.
Key insights
- The price hike may lead to increased consumer spending during Diwali.
- Higher dairy prices could affect low-income households more significantly.
- The increase reflects rising production costs in the dairy sector.
Why it matters
The price increase could impact consumers' budgets ahead of the festive season.
Entities
Aavin· OrganizationTamil Nadu· StateC Joseph Vijay· Person
Source
India Today
