Advertisement

  • News
  • Columns
  • Interviews
  • BW Communities
  • Events
  • BW TV
  • Subscribe to Print
  • Editorial Calendar 19-20
BW Businessworld

No plan to increase rate of DAP and NPK fertilizers: IFFCO

No plan to increase rate of DAP and NPK fertilizers: IFFCO

Photo Credit :

New Delhi [India], September 28 (ANI): 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 press statement from the Ministry of Chemicals and Fertilizers, IFFCO Managing director US Awasthi has said in a tweet that although there is a huge spike in the cost of raw materials like phos acid and others in the international market, still we are 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 which is in line with Prime Minister Narendra Modi's clarion call of Atma Nirbhar Bharat. 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. It has five manufacturing plants in India, the press statement added. (ANI)

Disclaimer: The views expressed in the article above are those of the authors' and do not necessarily represent or reflect the views of this publishing house. Unless otherwise noted, the author is writing in his/her personal capacity. They are not intended and should not be thought to represent official ideas, attitudes, or policies of any agency or institution.


ANI

ANI

More From The Author >>