Unless the Indian government increases the per unit subsidy for fertiliser companies , farmers may be paying 25 % to 26 % more for fertilisers this season due to rupee prices and the rise in global prices of phosphate and potash , according to analysts and industry executives . DAP is 8 % higher than what farmers paid in the July to October monsoon season , at INR1,400 ( $ 19.30 ) per 50 kg bag , and exports may rise 26 % to INR880 per 50 kg bag , while NPK prices increase by 5 - 10 % , or INR960-INR1,180 per bag , analysts said . India imports approximately metric tonnes of MoP every year .
Unless the Indian government increases the per unit subsidy for fertiliser companies, farmers may be paying 5% to 26% more for fertilisers this season due to rupee depreciation and the increase in global prices of phosphate and potash, according to analysts and industry executives. DAP is 8% higher than what farmers paid in the July to October kharif season, at INR1,400 ($19.30) per 50 kg bag, and MoP may rise 26% to INR880 per 50 kg bag, while NPK may increase by 5-10%, or INR960-INR1,180 per bag, analysts said. India imports 30,000,000 metric tonnes of MoP every year.