Chandigarh, April 28, 2026 (Yes Punjab News)
The Punjab Government and Milkfed Punjab, under the dynamic leadership of Hon’ble Chief Minister Bhagwant Singh Mann, announced an increase in the milk procurement price for farmers associated with Milkfed Punjab (brand Verka), effective from 01.05.2026. This will increase the Milk Procurement price by Rs.20 per Kg Fat.
The decision aims to ensure better remuneration for dairy farmers, strengthen the rural economy, and reinforce the cooperative dairy structure in the State. Milkfed sources stated that as per the directions of Hon’ble Chief Minister, this move has been taken by Milkfed to safeguard the interest of farmers and dairy producers, who are the backbone of Punjab’s rural economy.
The official sources highlighted that 2.5 lakh dairy farmers who are part of Milkfed family will immediately get the benefit of increased payments. This price enhancement will improve the economic viability of dairy farming and will actually benefit all the approx. 30 lakh milk producers of Punjab, as all other companies & Institutions which procure milk will have to increase their procurement rates so as to match those of Milkfed’s.
Milkfed Punjab is North India’s leading Milk Cooperative with majority share in packaged milk & milk products. Being the leader in the industry in this part of the country, the raising of milk procurement prices by Milkfed will have a spiralling effect and lead to additional infusion of Rs. 100 cr per month in Punjab’s rural economy.
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