The Centre has asked all the fertilizer companies to sell their old stocks of Phosphatic & Potassic (P&K) fertilisers at the old prices. The decision has been taken to support the farmers cause and lessen the financial burden on them.
Ministry of Chemicals and Fertilizers has informed that despite sharp increase in prices of raw materials of DAP and other P&K fertilizers in the international market, prices in India were not increased by the companies till last month. The Ministry added that it has taken immediate steps to tackle the emerging situation in order to save the farming community from the effects of this price rise of fertilizers. It said the issue is being closely monitored at very high levels in the Government.