Kathmandu, 2 January: The entrepreneurs associated with dairy and dairy products, who recently hiked price of milk citing the rise in production cost have taken back their decision to increase the price.
A meeting held at the Ministry of Agriculture and Livestock Development (MoALD) among the stakeholders reached the decision to halt the hike for the time being. The meeting decided to conduct a scientific study considering the production cost of milk, inflation in market price and purchasing power of the consumers for the adjustment of price.
The Nepal Dairy Association and some organizations of farmers and consumer rights had protested the act of some limited dairy entrepreneurs.
People’s News Monitoring Service
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