Ananth Kumar, Minister of Chemicals and Fertilizers informed the media that he and his team have reviewed the availability of fertilizers in a high level meeting and he is happy to inform that 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.
In this regard, a meeting of leading manufacturers was held in the department to emphasize that farmers must get the benefit of reduced input cost of DAP and MOP.
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, said the Minister.
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, Kumar added.
Readers would recall that it was IFFCO the giant fertilizer company in cooperative sector which was the first to announce rate cut of fertilizer forcing others to follow suits.