September 21, 2024

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Centre directs fertiliser corporations to not hike MRP of non-urea fertilisers; promote at previous charges

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The Centre on Friday directed fertiliser corporations to not improve the utmost retail value (MRP) of non-urea fertilisers equivalent to DAP and requested them to promote at previous charges.
A route on this regard was issued to fertiliser corporations in a high-level assembly on Thursday within the wake of a rise in home retail costs of non-urea soil vitamins according to the worldwide market.
Retail costs of non-urea fertilisers equivalent to di-ammonium phosphate (DAP), Muriate of Potash (MoP) and NPK are decontrolled and are decided by producers, whereas the Centre provides them mounted subsidies every year.

“…The Government of India had called a high-level meeting and directed fertiliser companies not to increase the price of DAP, MoP and NPK and fertiliser companies agreed with it,” Minister of State for Chemicals and Fertilisers Mansukh Mandaviya instructed PTI.
The fertiliser corporations have been requested to promote the complicated fertilisers at previous charges. “Farmers will continue to get DAP, MoP and NPK nutrients at old rates,” he mentioned.

The minister individually tweeted that “Giving priority to the interest of the farming community, there won’t be any increase in prices of fertilisers”.
In view of the sharp rise in world costs of uncooked supplies, home fertiliser corporations and cooperatives have elevated the retail costs of DAP and different complicated fertilisers.
For occasion, KRIBHCO, MCFL, Zuari Agro Chemicals, Paradeep Phosphates have elevated retail costs of DAP to Rs 1,700 per bag with impact from April 1.
Similarly, Chambal Fertiliser and Chemicals Ltd (CFCL) has hiked DAP charges to Rs 1,600 per bag, and Indoram India Pvt Ltd to Rs 1,495 per bag from Rs 1,200 per bag.
However, fertiliser cooperative IFFCO, which has printed a brand new fee of Rs 1,700 per bag on the recent inventory of DAP, on Thursday clarified that it was a tentative price and never meant on the market to farmers.
IFFCO spokesperson had mentioned the cooperative will promote the previous inventory of 11.26 lakh tonne of complicated fertiliser at an previous fee of Rs 1,200 per bag.

“I have instructed our marketing team to sell only previously packed material with old rates to farmers. We always take decisions on farmer’s first approach,” IFFCO CEO and Managing Director U S Awasthi had tweeted.
DAP is a extensively used fertiliser by farmers after urea within the nation.