Showing posts with label MoP. Show all posts
Showing posts with label MoP. Show all posts

Friday, April 29, 2011

Govt hikes benchmark prices of imported DAP, MoP

The govt increased the benchmark prices of imported di-ammonium phosphate (DAP) and muriate of potash (MoP) fertiliser for the fiscal to ensure uninterrupted availability in the country during the coming kharif sowing season.The decision was approved in a meeting of the Cabinet Committee on Economic Affairs (CCEA) in New Delhi on Thursday.

Thursday, April 28, 2011

Govt hikes subsidy of DAP, MoP to curb domestic price rise

The government on Thursday hiked subsidy on two important fertilisers Di-Ammonium Phosphate (DAP) and Muriate of Potash (MoP) to prevent a rise in their domestic prices following a surge in global rates.The additional burden of subsidy is estimated to be about Rs 10,000 crore for the current financial year after the government raised the benchmark price level for fixing subsidy for these nutrients.