Page 5 - Fertilisers

Nitrogen-potash-sulphur get higher subsidy hike than phosphate in new round

Hike is valid till September 30. Consequently, per tonne increase in subsidy in DAP and its products has also been lower than different grades of NPKS

Fertiliser subsidy may go up 55% to record Rs 2.5 trn in FY23: Report

The government will not increase retail prices of urea and also provide adequate subsidies to ensure that the maximum retail prices of non-urea fertilisers remain at the present level, sources said

Strong demand may bring down closing stock of major farm goods by FY23-end

Experts feel this could keep prices of major farm commodities and products dependent on them, such as poultry and meat, at an elevated level for quite some time

Fertiliser subsidy set to touch record Rs 1.65 trn in FY23: Report

According to the report, in the past two fiscals, the government has paid an additional Rs 1.2 lakh crore and increased the budgeted subsidy

Govt to safeguard farmers from rising global fertiliser prices: Report

Generally, the fertiliser subsidy remains about Rs 80,000-85,000 crore in a year, but it has been higher in the recent past

FACT records highest-ever turnover of Rs 4,100 cr in FY22, up 27% YoY

Firm fares well despite pandemic-led adverse scenario in which input prices sky-rocketed in the global markets; restarts Caprolactam production after nine years

Fertiliser companies raise DAP, NPK rates on spike in input costs

IFFCO hikes DAP prices by 12.5%; existing stock will continue to be sold at old rates

Putin warns of spike in fertiliser prices if West creates 'difficulties'

Russian President Vladimir Putin on Thursday warned that the price of fertilisers across the globe may spike further if the West continued to create "difficulties" for his country

Liberalise, do not bureaucratise

The proposed fertiliser statute might be problematic

If hurried, plant nutrition Bill could go the farm Act way, fears industry

The fertiliser industry feels policies and parameters for granting fertiliser subsidies have a direct impact on plant nutrition, management, and soil health

Centre to ensure higher opening stock of urea & DAP for next kharif season

To ensure adequate and timely supply of fertilisers to farmers in the next 2022 kharif season, government targets higher-than expected opening stock of urea and DAP, a senior government official said.

At current prices, FY23 fertiliser subsidy sufficient for 6-7 mths: Experts

However, the govt may have to infuse more fertiliser subsidy if global gas prices rise.

Make farmers aware of use of chemical-free fertilisers: PM to BJP workers

Prime Minister Narendra Modi on Tuesday interacted with BJP workers from his parliamentary constituency Varanasi and urged them to make farmers aware of the use of chemical-free fertilisers.

Turn to natural farming as chemical fertilisers causing ill-effects: Shah

Union Home Minister Amit Shah on Saturday urged farmers to launch a "new green revolution" in India by adopting natural farming methods.

Govt to tweak subsidy policy to promote local production of P&K fertiliser

The government on Saturday decided to make changes to the existing nutrient based subsidy (NBS) policy to promote domestic production of phosphatic and potassic (P&K) fertilisers amid a sharp rise in global prices. A decision in this regard was taken in a high-level meeting chaired by Union Minister for Chemicals and Fertilizers Mansukh Mandaviya. In the meeting, "...it was decided to continue support to the domestic industry for production of P&K fertilisers and propose additional provisions in the present NBS Policy to promote domestic production of P&K fertilisers in the country," an official statement said. This decision will help in utilising the unutilised domestic production capacity of these fertilisers and promote 'Atmanirbhar Bharat', it added. Under the NBS policy, being implemented since April 2010, a fixed amount of subsidy which is decided on an annual basis is provided on P&K fertilisers depending on their nutrient content. Under this policy, maximum ...

Modi govt planning surge in fertiliser plants for second green revolution

The spectacular success of attaining self-reliance in food grain production and nutrition in the country has been achieved through a combination of factors

India to raise fertiliser subsidies to over record $20.64 bn: Report

India plans to increase 2021/22 fertiliser subsidies to a record of more than 1.55 trillion rupees ($20.64 billion) to avoid shortages

China's curbs on fertiliser exports may affect India, says report

The increased scrutiny comes as global fertilisers costs have soared to new records, spurred by energy crises in Europe and China as coal and natural gas are important feedstocks

Cabinet okays Rs 28,655 cr subsidy on P&K fertilisers for rabi season

Total subsidy burden to be around Rs 130,000 in FY-22, almost 63% more than budgeted

Cabinet approves nutrient-based subsidy rates for P&K fertilisers

Net subsidy for the rabi season to be at Rs 28,665 crore, said govt