Indian government slashes subsidy on DAP, MOP
Published: Tuesday, 14 February 2012
Govt points to weak phosphate outlook, strong rupee; prices could rise on Syria
The government of India has slashed subsidies on di-ammonium
phosphate (DAP) and muriate of potash (MOP) following reports
of bearish market prices.
The inter-ministerial committee (IMC) of India, decided to