Gujarat Farmers Hit by Sharp Hike in Fertilizer Prices
In a move that has sparked widespread concern, IFFCO (Indian Farmers Fertiliser Cooperative) has announced a significant increase in the prices of chemical fertilizers. The price hike is expected to place a considerable financial burden on farmers across Gujarat.
Key Fertilizers See Price Increase
Reports indicate that the price of NPK 10:26:26 and NPK 12:32:16 fertilizers has been raised by ₹250 per 50 kg bag. As a result, the new price for a 50 kg bag now stands at ₹1,720. This sharp increase is likely to directly impact farming costs, making agricultural production more expensive for farmers.
Financial Strain on Farmers
The unexpected price hike comes at a time when farmers are already dealing with rising costs of seeds, pesticides, and labor. This additional financial burden could further escalate the cost of farm production, putting immense pressure on small and marginal farmers who form the backbone of Gujarat’s agricultural sector.
Farmers Demand Support
Farmers are urging the government to intervene and provide relief measures such as subsidies to mitigate the impact of the price hike. Many fear that without immediate action, the increased costs could reduce profitability and adversely affect crop yields in the upcoming season.
Further updates on the government’s response and potential farmer protests are awaited as the agricultural sector prepares to tackle these challenges.
