Govt asks companies not to hike rates of non-urea fertilizers

MoS Mansukh Mandaviya has tweeted that his Ministry had a high-level meeting in which fertiliser companies were requested not to increase the price of DAP, MoP and NPK. The fertiliser companies have agreed with it, Mandaviya added.

Govt agencies quote that Union Minister D.V. Sadananda Gowda had discussion with Senior officials of Department of Fertilizers and IFFCO representative. Gowda confirmed that IFFCO will be selling nearly 11.26 LMT available stock of DAP/Complex fertilizers on the older rates.”

KRIBHCO, MCFL, Zuari Agro Chemicals, Paradeep Phosphates have increased retail prices of DAP to Rs 1,700 per bag with effect from April 1, quotes PTI.

Earlier, Indian Cooperative carried story in which the IFFCO MD was quoted saying that IFFCO would sell its old stock of 11.26 LMT at the old rates only. IFFCO stock is said to last till May 15.

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