Business Standard
Sunday, May 27, 2012
Sponsored by  
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||||Economy & Policy||||| 
 Section Home | News Now | Today's Paper | Features & Analysis | Politics & Public Affairs | Q&A | Columnists | BS Says
Home > Economy & Policy Live Markets | Commodities
 

Despite fall in acreage, fertiliser sales soar in kharif season
Ajay Modi & Jyoti Mukul / New Delhi Oct 05, 2009, 01:02 IST

Fertiliser sales reported during the recently concluded kharif sowing period has been more than last year despite a fall in overall acreage. The Department of Fertilisers anticipates that farmers and retailers are holding on to the fertiliser stock and this will lead to lower demand during the rabi season, beginning this month.

“Demand during the kharif season was buoyant. But all the fertiliser bought has not gone into the fields. Either the farmers or the state marketing federations are holding on to the stocks,” said Fertiliser Secretary Atul Chaturvedi.

Erratic rains during this kharif sowing season has impacted the sowing of paddy and oilseeds and, therefore, fertiliser consumption should have been lower than last year. While the acreage of paddy is down 16 per cent to 31.54 million hectares, the acreage of oilseeds has dipped nearly 7 per cent to 16.74 million hectares.

The Department of Fertilisers anticipates that the demand during the rabi season will not be as high as that of last year since stocks will be available. “The anxiety and pressure for rabi demand is not much,” Chaturvedi added. The Fertiliser subsidy at Rs 55,000 crore this year is expected to be much below the last year level of Rs 1,17,000 crore.

According to figures available with the department till September 25, sale of urea during the kharif season was 10.5 million tonnes which was 5 per cent higher than last year’s figure. For the whole kharif sowing period ending September 30, it is estimated to be around 11 million tonnes. The sale of di-ammonium phosphate was 5.74 million tonnes, about 10 per cent higher than last year, while MOP sales was similar to last year’s level of 1.56 million tonnes. Sale of fertiliser complex at 3.07 million tonnes was 8 per cent higher.

“The south-eastern region of the country where we operate has received abundant rains and rabi acreage will, therefore, increase in these areas. For our company, the kharif sale was marginally lower than last year. However, rabi sale is expected to be better or at least equivalent to last year,” said R S Nanda, director and chief operating officer of Nagarjuna Fertilisers and Chemicals.

While the acreage of main kharif crops has come down due to errant rains, the government is working towards boosting rabi output. At a national rabi conference concluded in the last week of September, the central and state governments have resolved to produce an additional eight million tonnes foodgrains and 1.2 million tonnes oilseeds. State governments would be required to take steps to ensure timely planting, advanced planning for input management, efficient management of canal water, campaign for seed treatment, among others.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end flat
- Turbulence ahead for airlines despite oil price drop
- Weak rupee may bring cheer to NRIs, expats
- LIC buys PSU stocks, sells pvt sector blue-chips in Q4
- Banks may lower deposit rates as inflation eases: Report
  Read Business news in 
- Journey on, We are by Your Side. Click here to know more
- Benefits Upto Rs. 2.36 Lakhs on the Fully Loaded TJet Petrol.
- The Best Seller is Also the No. 1 in Mileage. Click here
- Watch The Film Here. Click here to know more..
- Leader in Passenger Car & Automobile Tyres. Click here
- 1 billion in saving for Unilever without any tangles.
- Learn How One City is Running on FOOD SCRAPS.
- One Partnership Endless Possibilities. Click here to know more
- Helping doctors detect diseases earlier, saving costs & extending lives.
- 36 Lakhs can get you a pool of Luxuries. Click here
- Which is the best plan for your daughter
- Check out the TRUE COLOURS of your Stocks, Now for FREE!
- One of the leading business schools in the world.Know More
Sorry, comments to this story are closed
Latest Messages
Table for Two
  Now available at Special price
  Rs.280/- Only

  Buy Now
BS POLL
UPA 2 has completed three years. How do you rate its performance?  Read the story
  Good
  Average
  Bad
Submit
Most Popular
Read
E-Mailed
Commented
   
- India to guarantee safe gas transit from Tapi
- Pak players likely to be part of IPL 2013
- Air India pilots wanted a halt to command training of IA pilots
- EGoM to now decide on base price for spectrum auction
- New power equation in BJP
 
 More  
New Ipad Application
 Business Standard's all new IPad  App
 Click here to download for free
  Hot Searches  
 
Apalya |  Air India |  GAAR |  Agni  |  Solar eclipse |  Satyamev Jayate |  SRK |  Aamir Khan |  IPL |  Ertiga |  Sarfaesi Act |  Vodafone |  JP Morgan |  Transfer pricing |  Rupee |  Kingfisher Airlines |  Silver |  Provident Fund |  income tax refund |  iPhone |  Reliance Industries |  SEBI |  BSNL |  BSE |  NSE |  Mukesh Ambani |  Anil Ambani |  Infosys |  Pranab Mukherjee |  Sonia Gandhi |  Rahul Gandhi |  New Pension Scheme |  Reliance |  RBI |  GDP |  Gold |  Ratan Tata |  ICICI |  B-School |  Sensex |  Tax calculator |  Home Loan |  Personal Finance |  inflation |  oil prices |  Barack Obama |   
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World | General News
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us