Milk price may go up by Rs 2

[email protected] (CD Network)
July 28, 2013

Milk_price
Bangalore, Jul 28: Karnataka Milk Federation (KMF) on Saturday decided to hike the price of single-toned Nandini milk by Rs 2 per litre from August 10.

A decision to this effect was taken at the KMF Board meeting chaired by G Somashekara Reddy. “A proposal to hike milk price will be sent to the government for approval.

Additional revenue from the hike will be used for upgrading infrastructure of the

federation,” Reddy told mediapersons.

The government recently announced in the Assembly that there would be a hike in the milk prices. But it had not disclosed the quantum of the hike.

The KMF, however, has decided not to increase the price of curds and other varieties of milk.

Once KMF decision is implemented, a litre of milk (single-toned) will cost Rs 29. Milk prices were last hiked in January this year by Rs 3 per litre. At present, a litre of toned milk costs Rs 27.

The government has no option but to allow KMF to increase milk price as the federation is incurring huge losses due to a recent spurt in milk production in the State.

Milk production shot up following increase in incentives to dairy farmers to Rs 4 per litre from Rs 2.

The production has reached 55 lakh litres per day from 45 lakh litres.

The federation supplies about 33 lakh litres of milk every day. And the rest is converted to milk powder.

As the market for milk powder is limited and its price has been coming down, KMF incurred losses.

Moreover, the federation does not have the necessary infrastructure to convert such a large quantity of milk into powder, sources said. Besides, KMF is learnt to have decided to provide milk powder to schoolchildren instead of milk.

The government is set to launch the milk scheme in government schools – from class I to class X – from August 1.

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coastaldigest.com news network
October 8,2024

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Mangaluru, Oct 8: The city of Mangaluru mourns the loss of M Ahmed, a pioneering businessman, philanthropist, and the Founder Chairman of the AK Group. He passed away on Tuesday morning at the age of 76, leaving behind a legacy that spans decades of service, innovation, and community building.

M Ahmed, also fondly known as A K Ahmed, was a man of humble beginnings who grew into one of the most respected entrepreneurs in South India. He founded the AK Group in 1984, which has since flourished into a multi-faceted business empire. The company, which began as a small frame manufacturing unit, now encompasses a wide range of industries, including plywood, formaldehyde, particle boards, fire-rated products, and more. AK Group's growth extended beyond India, with manufacturing units established in Myanmar and Vietnam.

What began with 18 employees in 1984 has today expanded to provide employment to approximately 3,000 people in India and 400 abroad. M Ahmed’s dedication and vision were instrumental in transforming the company into a market leader, recognized for its high-quality products and innovation. AK Plywood is now one of India’s top plywood manufacturers, and the largest in South India. The company was Karnataka’s first plywood manufacturer to receive ISO certification and has garnered prestigious awards, including the Rising Stars Power Brands Award in London (2017) and the Best Manufacturer Award from MSME Karnataka (2018).

Ahmed’s business success was deeply rooted in values instilled in him during his early years. He worked alongside his father, the late Abdul Khader Moopa, loading sawn timber, and it was from these humble beginnings that he developed his work ethic, pioneering spirit, and respect for time—values that remained the cornerstone of his remarkable career.

His foresight was evident when he recognized the potential of timber from Perumbavoor, Kerala, for plywood and blockboards at a time when it was merely being used as firewood. This strategic move led to the establishment of one of the first frame manufacturing and peeling units there, and soon after, Ahmed launched his own company in Mangaluru, swiftly earning national and international recognition.

Beyond plywood, the AK Group has diversified into multiple industries, including marine food, pharmaceuticals, construction materials, hypermarkets in India and the UAE, and food industries in Indonesia. Under Ahmed’s leadership, the company’s reach expanded, ensuring its position as a formidable player in various sectors.

Ahmed was not only an extraordinary businessman but also a deeply compassionate individual, dedicated to social and religious causes. He served as the founding president of the managing committee of Ihsan Masjid in Mangaluru and established the Highland Educational and Cultural Centre. His philanthropic efforts were as vast as his business ventures, benefiting countless communities both in India and abroad.

His kindness, simplicity, and punctuality were hallmarks of his character. Those who knew him admired his unyielding commitment to excellence, as well as his warmth and generosity. M Ahmed is survived by his wife, three daughters, and four sons, who continue his legacy of philanthropy and social service.

As news of his passing spread, tributes poured in from all sectors of society. Social, religious, and political leaders in Mangaluru expressed their deep sorrow over the loss of a man who dedicated his life to improving the lives of others.

M Ahmed’s journey from humble beginnings to massive success will continue to inspire generations. His life serves as a testament to the power of vision, perseverance, and, above all, integrity.

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