Page 5 - Fertilisers

India set to be self-sufficient in urea by 2025 even without help from nano

The commissioning of new plants is expected to bring down import dependency to less than half of current levels

Crackdown on urea diversion to plug Rs 6,000-crore subsidy leakage

In the last two-and-a-half months, the government has identified leakages worth Rs 100 crore through various covert operations

India may not need to import urea after 2025, says Mansukh Mandaviya

This is owing to rising domestic production, nano supplies

Centre seizes 35,000 bags of urea diverted from agricultural use

Being highly subsidised, there is always a tendency to divert urea towards non-agriculture purposes

A first: After the success of nano urea, nano-DAP soon for farmers

Fertiliser major IFFCO has been asked to do the groundwork on this

India's core sector output expands at six-month high of 8.4% in April

The output of eight infrastructure sectors of coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity had expanded by 4.9 per cent in March 2022.

As kharif season sets in, India eyes long-term fertiliser contracts

Set to sign long-term contracts with Morocco and Latin American countries to ensure steady flow

Govt has tried to shield farmers though prices of fertilisers shot up: PM

PM Modi on Saturday said his government has tried to ensure that farmers in the country are not affected even though the prices of fertilisers in international markets have soared due to the pandemic

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.