India's Milk Production Stagnates, Imports on the Rise Due to Disease and Cost Increase.

1 min read
Source: Reuters India
India's Milk Production Stagnates, Imports on the Rise Due to Disease and Cost Increase.
Photo: Reuters India
TL;DR Summary

India's milk prices have risen over 15% to 56 rupees ($0.68) a litre in the past year, the fastest rise in a decade, due to a lethal condition called lumpy skin disease in cows and a drawdown in market-ready cattle stock after the coronavirus pandemic slowed breeding. The soaring prices of milk and other basic goods is expected to become a political issue heading into state elections later this year. India, the world's biggest milk producer, is expected to step up imports to boost supplies and ease cost of living pressures.

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