New Delhi (NVI): The Indian Farmers Fertilizer Cooperative Limited (IFFCO) has said that it has no plan to increase the maximum retail price (MRP) of DAP and NPK fertilizers, in a major move aimed at giving relief to the farmers.
IFFCO Managing Director and CEO US Awasthi, in a tweet yesterday reiterated that during Rabi season, there is no plan to increase MRP of DAP, NPK fertilisers.
“We at #IFFCO, reiterate that during #rabi season there is no plan to increase MRP of #DAP, #NPK fertilisers. We serve the farmers and aim to reduce input agriculture cost to farmers & in line with Prime Minister Narendra Modi’s plan of doubling the farmers income by 2022,” Awasthi tweeted.
We at #IFFCO, reiterate that during #rabi season there is no plan to increase MRP of #DAP, #NPK fertilisers. We serve the farmers & aim to reduce input agri cost to farmers & in line with Hon’ble PM @narendramodi Ji’s plan of doubling the farmers income by 2022. @DVSadanandGowda pic.twitter.com/A762C561cl
— Dr. U S Awasthi (@drusawasthi) September 27, 2020
He said that though there is a huge spike in the cost of raw materials like phosphoric acid and others in the international market, still we are not going to increase the price of fertilizers.
Notably, IFFCO provides its services to more than 5 crore farmers through more than 35,000 cooperative societies across the country.
There had been several occasions in the past as well when IFFCO has decided to guard the price line for poor farmers.
“IFFCO is a leading cooperative society engaged in the business of manufacturing and marketing of fertilizers. It has five manufacturing plants in India,” the statement noted.
The cooperative has also diversified into general insurance, rural telecom, rural retail, agro chemicals, food processing and organics.
-RJV/ARK
