India extends special package to keep DAP fertilizer affordable for farmers, costing ₹3,850 crore.

The Indian government has extended a special package to keep Di-Ammonium Phosphate (DAP) fertilizer affordable for farmers, priced at ₹1,350 per 50 kg bag, a significant discount from market rates. The package, costing about ₹3,850 crore, aims to protect farmers from volatile global prices and ensure a sustainable supply of DAP. The government also plans to store DAP in advance and has agreed to export rice to Indonesia.

January 01, 2025
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