The retail prices of non-urea fertilisers including DAP have been slashed by up to Rs 5,000 per tonne following drop in global prices of raw materials. Talking to media in New Delhi today, Fertiliser Minister Ananth Kumar said the state-run fertiliser firms Rashtriya Chemicals and Fertilizers and National Fertilizers Ltd as well as private firm Indian Potash Ltd have agreed to reduce the price of non-urea fertilizers. The retail price of DAP has been cut by Rs 2,500 to Rs 22,000 per tonne, Muriate of Potash (MoP) by five thousand rupees to 11 thousand per tonne. The complex fertilisers rates have been brought down by one thousand rupees per tonne.For a 50 kg bag , the effective rate for DAP will come down by 150 rupees, MoP by 250 rupees and other NPK fertilizers by Rs 100. Mr. Kumar said the rate cut would come into force with immediately effect and entail a benefit of Rs 4,500 crore to farmers. He said it will also help promote balanced use of fertilisers. The Minister, who reviewed the availability of fertilizers in a high level meeting , said there is enough availability of all the required fertilizers in the country.