MRP of DAP and MOP fertilizers to come down with immediate effect

Enough availability of all the required fertilizers in the country

There is a good news for farmers in the country. Shri Ananth Kumar, Minister of Chemicals and Fertilizers informed the media that he along with MOS(C&F) Shri Hansraj Gangaram Ahir, reviewed the availability of fertilizers, and they were happy to inform the country that due to progressive policies of Narendrabhai Modi Government, there is enough availability of all the required fertilizers like Urea, DAP, MOP, NPK etc., in the country. He said that all out efforts have been made to ensure that there will not be any shortage of fertilizers in our country for the coming Kharif season and farmers can plan their sowing without any apprehension on this account.

While expressing satisfaction over the availability of Urea, MOP and DAP and other fertilizer, the Ministers also said Modi government is all geared up to ensure unhindered and assured supply of all the fertilizers. In this regard, a meeting of leading manufacturers was held in the department to emphasise that farmers must get the benefit of reduced input cost of DAP and MOP.

Shri Ananth Kumar, Minister (C&F) and Shri Hansraj Gangaram Ahir, MoS (C&F) further said that they are happy to inform the farmer brethren that major public sector Fertilizer manufacturers - RCF, NFL have decided to bring down the MRP of DAP fertilizer by Rs.2500 PMT and of MOP by Rs.5000 PMT with immediate effect. Other fertilizer manufacturers have also agreed to bring down the price of MOP by Rs.5000 PMT. For DAP, they have agreed to reduce the MRP by more than Rs.2500 PMT. They said that now MOP 50 Kg. bag will cost Rs.250 less and DAP 50 Kg bag price will be reduced by Rs.125. The ministers stated that they have directed the Department that such meetings should be convened at regular intervals to ensure that farmers are passed on maximum benefits by the company's manufacturing MOP, DAP and NPK fertilizers.

On an average, the farmers in our Country use around 100 LMT of DAP, 25 LMT of MOP and 90 LMT of NPK fertilizers annually. Because of proactive steps of the Ministry of Chemicals and Fertilizers, first ever time in last 15 years, the prices of DAP, MOP and NPK Fertilizers have been reduced substantially and approximately Rs.4500 crores worth of benefit have been transferred to Farmers at large annually.

The vision of Modi Government being Jamin Bachao-Kissan Bachao, this reduction of price of P&K Fertilizers will go a long way in facilitating balanced use of fertilizers and improving soil health and its fertility.

Powered by Capital Market - Live News