The current price inflation in milk is mainly due to a shortage of fat. It has led dairies to hike full-cream milk prices or to cut fat content through rebranding of existing products. Also, milk does not attract GST, while fat and powder used in reconstitution does, an anomalous situation for which the consumer ultimately pays.
Why India’s agri production stats need a ground reality check
India’s agricultural production statistics sometimes present dissonances with consumption data. The household consumer expenditure data are more than a decade old, and an update is
RAJESH SINGH
September 27, 2023