Local Milk Powder Companies have
decided to stop importing Milk Powder temporarily as the Cost of Living Committee had not allowed to increase the imported Milk Powder prices it has been announced .
The prices of a Kilo Gramme of Imported Milk Powder were scheduled to be increased by Rs.50 with effect from 01st of September accordance to the price formula and Consumer Affairs Authority has also planned to implement the new Price revision Milk Powder Companies revealed.
However Cost of Living Committee has refused to approve the new Price revision and as a result Milk powder companies incurred a loss by importing Milk Powder Companies have stressed. This has happened as the prices of Milk Powder has been increased in the world market they have stated .
The prices of a Kilo Gramme of Imported Milk Powder were scheduled to be increased by Rs.50 with effect from 01st of September accordance to the price formula and Consumer Affairs Authority has also planned to implement the new Price revision Milk Powder Companies revealed.
However Cost of Living Committee has refused to approve the new Price revision and as a result Milk powder companies incurred a loss by importing Milk Powder Companies have stressed. This has happened as the prices of Milk Powder has been increased in the world market they have stated .
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