The Karnataka Milk Federation (KMF) is likely to increase the prices of all varieties of Nandini milk and curd with effect from September 11.
The KMF is the second largest milk cooperative federation in the country after Amul and markets all its products under the name 'Nandini'.
The KMF held a meeting on Monday and decided to hike the prices after Ganesh Chathurthi, September 9. KMF had earlier sought permission from the State government seeking its approval to increase the price by Rs 3, but the government refused to take a decision and said that KMF was free to take any decision.
According to reports, KMF has been incurring huge loss due to steep increase in milk production in the last few months. The production has witnessed a rise because of the State government's decision to increase incentive amount to dairy farmers from Rs 2 to Rs 4 per litre of milk.