Overview
- Milma’s chairman said a retail price increase is necessary and will be implemented soon, with the board set to decide the exact rise after a meeting.
- News reports cite a board move to lift the price from Rs 52 to Rs 56 per litre, which has not been formally announced by Milma.
- Milma said it consulted the Kerala government despite having the power to change prices, and it received a favorable response.
- Producer leaders have pressed for relief, pointing to higher cattle feed, labor and other input costs, and an internal panel recommended up to Rs 6 per litre.
- The timing has drawn attention because regulated power cuts have also returned in Kerala, challenging the ruling front’s campaign message on steady prices and uninterrupted power.