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"Hope benefit of demonetisation trickles down to fertilisers industry"

According to Ananth Kumar, all efforts are being taken to solve all long pending demands of the fertilisers industry, including clearance of backlog subsidy, during this financial year

BS B2B Bureau  |  New Delhi 

Ananth Kumar
Ananth Kumar

While applauding the move of the by the government, Ananth Kumar, Ministry of and Fertilizers, hoped that the benefit of will also trickle to industry. The Minister stated this while inaugurating the annual seminar of Fertilizer Association of India (FAI) in Delhi yesterday.

Thanking the industry for extending the credit facility to the retailers and dealers of after demonetisation, he said, “It will help the farmers to get fertiliser on credit.”

Fertiliser constitutes major input for agriculture. Therefore, government has taken many policy initiatives to make industry as one of the fastest growing sector in India. As a result of these measures, the industry was able to achieve record production of during the financial year 2015-16.

called upon the fertiliser industry to work in tandem with government of India in the interest of farmers of the country to ensure food security. 

He added, “We are aware of long pending demands such as payment of balance (10 percent) subsidy, revision of fixed cost for indigenous industry and clearance of backlog subsidy of previous years. All efforts will be taken to solve them during this financial year.”

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"Hope benefit of demonetisation trickles down to fertilisers industry"

According to Ananth Kumar, all efforts are being taken to solve all long pending demands of the fertilisers industry, including clearance of backlog subsidy, during this financial year

According to Ananth Kumar, all efforts are being taken to solve all long pending demands of the fertilisers industry, including clearance of backlog subsidy, during this financial year
While applauding the move of the by the government, Ananth Kumar, Ministry of and Fertilizers, hoped that the benefit of will also trickle to industry. The Minister stated this while inaugurating the annual seminar of Fertilizer Association of India (FAI) in Delhi yesterday.

Thanking the industry for extending the credit facility to the retailers and dealers of after demonetisation, he said, “It will help the farmers to get fertiliser on credit.”

Fertiliser constitutes major input for agriculture. Therefore, government has taken many policy initiatives to make industry as one of the fastest growing sector in India. As a result of these measures, the industry was able to achieve record production of during the financial year 2015-16.

called upon the fertiliser industry to work in tandem with government of India in the interest of farmers of the country to ensure food security. 

He added, “We are aware of long pending demands such as payment of balance (10 percent) subsidy, revision of fixed cost for indigenous industry and clearance of backlog subsidy of previous years. All efforts will be taken to solve them during this financial year.”
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Business Standard
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"Hope benefit of demonetisation trickles down to fertilisers industry"

According to Ananth Kumar, all efforts are being taken to solve all long pending demands of the fertilisers industry, including clearance of backlog subsidy, during this financial year

While applauding the move of the by the government, Ananth Kumar, Ministry of and Fertilizers, hoped that the benefit of will also trickle to industry. The Minister stated this while inaugurating the annual seminar of Fertilizer Association of India (FAI) in Delhi yesterday.

Thanking the industry for extending the credit facility to the retailers and dealers of after demonetisation, he said, “It will help the farmers to get fertiliser on credit.”

Fertiliser constitutes major input for agriculture. Therefore, government has taken many policy initiatives to make industry as one of the fastest growing sector in India. As a result of these measures, the industry was able to achieve record production of during the financial year 2015-16.

called upon the fertiliser industry to work in tandem with government of India in the interest of farmers of the country to ensure food security. 

He added, “We are aware of long pending demands such as payment of balance (10 percent) subsidy, revision of fixed cost for indigenous industry and clearance of backlog subsidy of previous years. All efforts will be taken to solve them during this financial year.”

image
Business Standard
177 22

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