Tamil Nadu Chief Minister C Joseph Vijay on Monday announced major policy decisions regarding a further hike in Aavin milk procurement price for dairy farmers, and also unveiled a multi-crore infrastructure push spanning power, semiconductors, and logistics.
Announcing further increase in the Aavin-milk procurement prices, aimed at providing a crucial relief for the dairy farmers across the state, he said the state government has approved a Rs 3 per litre increase in the milk procurement price, raising it from Rs 41 to Rs 44 per litre.
The announcement on enhancing the procurement prices comes closely on the heels of an earlier hike announced on August 19 in the Assembly, that had raised the price from Rs 38 to Rs 41.
He said the decision to address dairy farmers’ growing concerns over rising cattle feed costs and maintenance expenses would entail the state government an additional financial outlay of Rs 60 crore monthly, translating to an annual expenditure of Rs 720 crore.
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