Voting in the seven-phase Lok Sabha elections 2024 concluded on Saturday, June 1. The next day, June 2, at least two notable changes occurred across the country.
One, the National Highways Authority of India (NHAI) announced a nationwide toll hike averaging 5%. Two, Amul, a leading milk supplier in India, raised prices on its pouch milk across all markets.
The annual revision of highway toll fee was supposed to come into effect from April 1. But the hike was deferred due to the Lok Sabha elections 2024. The change in the toll fee was announced a day after the Lok Sabha elections 2024 concluded.
Annual revision
The toll fee adjustment is an annual revision linked to changes in the Wholesale Price Index (WPI)-based inflation. “The new user fee will come into effect from 3.6.2024, a senior NHAI official told the media on Sunday.
Motorists across nearly 855 user fee plazas on the national highway network where a fee is levied will have to shell some more money to cross over. At some toll plazas in Tamil Nadu, toll booth employees handed out pamphlets to people informing them about the toll hike. Some toll plazas also made announcements through loudspeakers.
The other change is the change in Amul milk prices. Starting today, June 3, Amul has implemented a price increase on its fresh pouch milk nationwide. The new prices include a rise of Rs 2 per litre for Amul Gold and Amul Taaza, Rs 3 per litre for Amul Buffalo Milk, and an increase of Rs1 per litre for others across all markets in the country.
“This price hike is being done due to increase in overall cost of operations and production of milk. Our member unions have also increased farmers’ compensation by approximately 6-8% over the last one year,” the Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets dairy products under the ‘Amul’ brand, said on Sunday.
The price revision shall help in sustaining remunerative milk prices for our milk producers and encourage them to aim for higher milk production, the statement added.
Also Read: Amul Increases Milk Prices By Rs 2 Per Litre Across Gujarat
