Ghee, butter, ice cream to get cheaper from September 22; No change in milk, curd prices
Bengaluru: Starting Monday, September 22, the prices of several dairy products, including ghee, butter, cheese, and ice cream. will become cheaper, following a reduction in GST rates announced by the Union government. However, the prices of milk and curd will remain unchanged.
Officials from the Karnataka Milk Federation (KMF) met on Friday to assess the impact of the revised tax structure and explore ways to pass on the benefit to consumers.
“The 12% GST on items like ghee, cheese and savouries will be reduced to 5% and ice creams, muffins, cakes, cookies and chocolates that earlier had 18% GST will now attract 5%,” The New Indian Express quoted KMF Managing Director B. Shivaswamy as saying.
There will be no revision in milk and curd prices, as milk continues to be GST-free, and curd retains its 5% GST rate. Shivaswamy clarified that this will not affect farmers, since procurement charges remain unchanged. “The milk prices were earlier increased by Rs 4 per litre. There will be no revision in the near future,” he added.
The rate of ultra high temperature milk (packaged in pouches like Goodlife), however, has been reduced as GST will come down from 5% to zero.
The official also noted that some confusion regarding the GST on curd had arisen but was clarified. “The matter was also discussed with the Union ministry before deciding not to change the cost of curds,” the official added.
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Former minister C M Ibrahim announces to launch new regional party for Karnataka
Kalaburagi: Two years after being expelled from the Janata Dal (Secular), former minister C.M. Ibrahim has announced that he will launch a new regional political party in Karnataka on January 24, reported Deccan Herald.
Speaking at a meeting organised by the Nava Karnataka Nirmana Andolana in Kalaburagi on Sunday, Ibrahim confirmed the birth of the new party.
The 77-year-old politician stated he would soon be meeting with other like-minded individuals to choose a symbol for the party.
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Ibrahim emphasised that the organisation would be guided by the principles of 12th-century social reformer Basavanna and the architect of the Indian Constitution, Dr. B. R. Ambedkar.
A veteran politician, Ibrahim served as Union Civil Aviation Minister during the tenure of H.D. Deve Gowda as Prime Minister and later headed the Karnataka unit of the Janata Dal (Secular). He was expelled from the JD(S) in 2023 on charges of anti-party activities.
His exit from the party followed sharp differences over the JD(S) decision to ally with the Bharatiya Janata Party (BJP). As the then state president of the JD(S), Ibrahim had publicly criticised the alliance, claiming it was finalised without his knowledge. He had also reportedly convened meetings of his supporters and expressed support for the INDIA bloc.
