Nitrogen-potash-sulphur get higher subsidy hike than phosphate in new round

Hike is valid till September 30. Consequently, per tonne increase in subsidy in DAP and its products has also been lower than different grades of NPKS

After the latest round of subsidy hikes for non-urea fertilisers, an anomaly several industry players said had apparently cropped up in favour of Di-Ammonia Phosphate (DAP) over NPKS in subsidy allocation seems to have been somewhat corrected.

This divergence has been a source of bother for several big players in the non-urea complex fertiliser space, some of whom also complained of being compelled to work in less than optimum capacity.

Capacity utilisation dropped because realisations on NPKS suffered as subsidy allocation did not fully cover the production cost which has risen sharply due to global factors while on the other hand there