Generally, the fertiliser subsidy remains about Rs 80,000-85,000 crore in a year, but it has been higher in the recent past
Firm fares well despite pandemic-led adverse scenario in which input prices sky-rocketed in the global markets; restarts Caprolactam production after nine years
IFFCO hikes DAP prices by 12.5%; existing stock will continue to be sold at old rates
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
The proposed fertiliser statute might be problematic
The fertiliser industry feels policies and parameters for granting fertiliser subsidies have a direct impact on plant nutrition, management, and soil health
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.
However, the govt may have to infuse more fertiliser subsidy if global gas prices rise.
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.
Union Home Minister Amit Shah on Saturday urged farmers to launch a "new green revolution" in India by adopting natural farming methods.
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 ...
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 plans to increase 2021/22 fertiliser subsidies to a record of more than 1.55 trillion rupees ($20.64 billion) to avoid shortages
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
Total subsidy burden to be around Rs 130,000 in FY-22, almost 63% more than budgeted
Net subsidy for the rabi season to be at Rs 28,665 crore, said govt
The government is planning to liberalise the Market Development Assistance (MDA) policy to promote the use of alternative fertilizers, Fertiliser Minister Mansukh Mandaviya said.
After outcry, says it will sell 1.13 mt at old rates
Prashant Bhansali, President, UPASI said that the limit prescribed is very low for the plantation sector
Of the Rs 1.15 trillion budgeted as food subsidy for the fiscal year, Rs 1.05 trillion was spent by October