Why are ghee prices rising in India?

Several reasons have contributed to rising ghee prices in India, with one being high consumer demand after cut in GST rates on ghee from 12% to 5%, according to ex-GCMMF director. Crackdown by FSSAI on adulterated ghee suppliers has led to genuine suppliers fetching a premium, while export of milk fat has depleted fat stocks with dairies, exacerbating domestic shortages.