Mumbai's Household Budgets Hit by Triple Price Hikes
The city of Mumbai is bracing for significant financial burdens as prices of milk, CNG, and taxi-rickshaw fares have seen substantial increases from September 1, 2026. Milk prices have risen by Rs 9 per litre to Rs 102, with potential retail rates reaching Rs 115-125 per litre.
The hike is attributed to a 60-70% jump in milch animal acquisition costs and a 25% rise in feed prices. The Mumbai Milk Producers' Welfare Association (MMPA) supplies over 7 lakh litres of buffalo milk daily, accounting for more than half of the city's consumption.
Auto-rickshaw and black-and-yellow taxi fares have increased by Re 1 and Rs 2 respectively, with minimum fares now at Rs 27 and Rs 33. Mahanagar Gas Ltd (MGL) has also raised CNG prices by Rs 2 per kg to Rs 88 per kg, citing higher imported spot re-gasified liquefied natural gas costs.
The price hikes come ahead of major festivals, including Ganesh Chaturthi, Navratri, Diwali, and the wedding season, which typically see a surge in demand for milk-based products. Drivers have been given three months to recalibrate their electronic fare meters or display the revised fares using an RTO-approved table.