The Hindu : Andhra Pradesh News : Fertilizer unit seeks price revision

Online edition of India's National Newspaper
Sunday, May 29, 2005

Andhra Pradesh

Andhra Pradesh

Fertilizer unit seeks price revision

Staff Reporter

Manufacturers find fault with the State Government policy

HYDERABAD: The Visakhapatnam-based Single Super Phosphate Manufacturers' Welfare Association has urged the Government to revise the MRP by Rs. 44 for a bag of 50 kg, as against the increase in the manufacturing cost of Rs. 55.

G. Srikrishna, vice-president, at a press conference here on Saturday said the industry was suffering huge losses due to policy discrimination.

It would be viable only when a level playing field was provided with respect to other phosphatic fertilizers.

While defending the association's plea, he said the revised MRP was only as an ad hoc measure to provide a `lifeline for survival of the seven SSP manufacturing units in the State.

The increase will provide the essential supplies of this low-cost and important fertilizer to farmers in the State.

According to Mr. Srikrishna, during 2002-2005 the other phosphate manufacturers, like DAP, using the same raw material were allowed to increase the price from Rs.2,000 to Rs.2,800 a metric tonne to compensate the raw material cost hike. He blamed present policy of the Government for rendering SSP production uneconomical.

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