Odisha urgs Centre to direct fertiliser companies extd credit

"Instead of leaving it (fertiliser price) to the mercy of the market forces, steps should be taken to maintain a constant price of fertiliser for at least a particular cropping season," Chief Minister Naveen Patnaik wrote to M K Alagiri, the Minister of Chemical and Fertiliser.

Stating that cooperative organisations play a vital role in fertiliser supply chain in the state, Patnaik said they (cooperative bodies) are the bulwark against black marketing by unscrupulous dealers.

"However, the recent directive of the government of India says that the cooperative organisations should be given only one week's time for fund mobilisation. This has effectively crippled the cooperative supply chain," Patnaik pointed out in the letter.

As IFFCO extends 45 day's credit to cooperative societies, it will be definitely better if the private companies also are directed to extend the same duration of credit to cooperative socities, Patnaik said.

"Instead, the government of India's direction is hampering the fertiliser distribution through the cooperative supply chain in the state," the chief minister added.

"There has been sudden spurt in the prices of fertilisers, especially of de-controlled phosphatic and potassic fertiliser," he said adding that the prices are also changing very frequently resulting in a chaotic situation in the feild. MORE