IFFCO Says It Does Not Plan To Raise Prices Of DAP And NPK Fertilizers

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Capital Market
Last Updated : Sep 29 2020 | 9:50 AM IST

Indian Farmers Fertilizer Cooperative Limited (IFFCO) has reiterated that it has no plan to increase the Maximum Retail Price of DAP and NPK fertilizers, according to a latest update from Ministry of Chemicals and Fertilizers.

IFFCO Managing director US Awasthi has said in a tweet that though there is a huge spike in the cost of raw materials like phos acid and others in the international market, still it is not going to increase the price of fertilizers.

He said that there is no plan to increase the MRP of DAP and NPK fertilizers during rabi season as "our aim is to serve the farmer Community by reducing input agri cost for them. It also aims to double the farmers' income by 2022".

IFFCO is a leading cooperative society engaged in the business of manufacturing and marketing of fertilizers.

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First Published: Sep 29 2020 | 9:32 AM IST

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