 "Demonetisation effect: Spending on milk and milk products fell in 2017-18")
Dairy firm Parag Milk Foods on Thursday increased the price of the Gowardhan brand of cow milk by Rs 2 per litre with effect from February 2 due to a rise in the cost of operations and milk production.
With the hike in prices, Gowardhan Gold milk will now cost Rs 56, up from Rs 54 per litre, the company said in a statement.
"The price hike is due to the rise in costs of energy, packaging, logistics, and cattle feed that has led to an increase in the overall cost of operation and milk production," said Devendra Shah, chairman, Parag Milk
