Importing+Milk+Powder+Temporarily+halted
Friday, 13 September 2019 - 8:44
Importing Milk Powder Temporarily halted
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Milk Powder companies have decided temporarily suspend the import of milk powder as prices were not increased on the 1st of September as per the price formula.

 

A Senior Officer of a milk powder company said that as per the price revision due every 3 months, the price of a Kilogram was to be increased by 50 Rupees.

 

However, the Cost of Living Committee had not approved the increase and as per him, companies have to bear the cost resulting from the increase in prices in the world market.

 

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