Page 10 - Fertilizers

Ministry mulling PLI scheme for chemical sector: Mansukh Mandaviya

Chemicals and Fertilisers Minister Mansukh Mandaviya said the ministry is planning to bring production linked incentive (PLI) scheme for the chemical sector to boost domestic production and exports

India in talks on multi-year fertiliser import deal with Russia: Report

India is a top importer of urea and other soil nutrients needed to feed its huge agriculture sector, which employs about 60% of the country's workforce and accounts for 15% of $2.7 trillion economy

Economic Survey: Fertiliser subsidy touches Rs 85,300 cr in Apr-Dec FY22

The government's fertiliser subsidy touched Rs 85,300 crore in the first nine months of the ongoing fiscal year, according to the Economic Survey. Domestic fertiliser production reached 28.5 million tonne during April-December period of 2021-22. Out of the total fertiliser production, urea output was at 18.7 million tonne, Di Ammonium Phosphate (DAP) at 3 million tonne and complex fertilisers at 6.8 million tonne. According to the Survey, total fertiliser subsidy reached Rs 85,300 crore during the nine-month period. Of this, Rs 49,800 crore subsidy was on urea and the balance Rs 35,500 crore on phosphatic and potassium (P&K) fertilisers. The government's fertiliser subsidy had touched a record Rs 1,38,500 crore in 2020-21. Much of the subsidy was spent on urea at Rs 99,500 crore followed by P&K fertilisers at Rs 39,000 crore. The government is making available fertilisers, namely urea and different grades of P&K fertilisers to farmers at subsidised prices through ...

Time to work on alternatives to chemical fertilisers: PM Modi

The time had come to "correct the mistakes" that have become part of farming, Modi said

Indian PSUs ink pact with Russian firm for supply of fertilisers in FY22

As many as 4 Indian public sector undertakings have inked a long-term pact with Russian firm Phos Agro for supply of five types of fertilisers including DAP in the current fiscal year, govt said

Indian farmers in pain as soaring prices create fertilizer black market

Supply crunch will likely hurt production of staple crops such as wheat, rapeseed and pulses planted during the winter.

Coromandel plans 1,650-tonne sulphuric acid plant in Vizag for Rs 400 cr

At present, India is a net importer of sulphuric acid, and the third largest buyer globally, accounting for close to two million tonnes of imports

National Fertilizers' Q2 net profit declines 81% to Rs 16.34 crore

National Fertilizers Ltd on Friday posted a decline in its consolidated net profit

Mangalore Chemicals and Fertilizer Q2 net profit falls 28% to Rs 29 crore

The company on Tuesday reported a 28.57 per cent decline in its net profit

DAP fertiliser crisis may pinch farmers, put pressure on govt finances

The severe shortage of a critical rabi season fertiliser is likely to pinch farmers and put pressure on government finances

Khattar holds high-level meeting to review availability of DAP fertilisers

Haryana Chief Minister Manohar Lal Khattar on Sunday held a meeting to review the availability and demand of di-ammonium phosphate (DAP) fertilisers

Complex fertiliser crunch to stay if subsidy support isn't eased: Industry

Alternatively, non-DAP complex fertiliser makers will take a hit on their margins by not passing on the increased cost of production to the final consumer--the farmer

Complex fertiliser prices rise as supplies fall short ahead of rabi sowing

Reports say Centre is contemplating another round of subsidy support

Europe's energy woes hit fertilizers in another threat to food

Higher costs of the key farming input risk further exacerbating global food inflation at a time when hunger is on the rise.

One stuck box of fertiliser shows the global supply chain crisis

From the US to Sudan to China, container boxes have been lying at ports, railyards and in warehouses as the pandemic rages on

Need food, farm subsidy reforms to improve fiscal position: Finance Secy

Finance Secretary T V Somanathan on Tuesday underlined the need for improving the fiscal position of the government through reforms in farm, food and fertilizer subsidies

India Pesticides' listing puts spotlight on agro-chem stocks. Time to buy?

Analysts at Sharekhan expect high double-digit earnings growth for agri input companies over the next couple of years

The pluses and the potential pain points for farmers in the upcoming season

While the govt has moved fast on cash support and hike in fertiliser subsidy, the spike in rural Covid cases and tapering yields could hurt

Deepak Fertilizer, GSFC: Fertilizer stocks may soar 16% on subsidy push

A sharp rally in fertilizer stocks on Thursday on hike in subsidy has opened doors for more upside in the coming days

Fertiliser stocks gain as government hikes subsidy; Chambal, RCF rally 9%

ICICI Securities does not expect the reduction in prices to have a major impact on the balance sheet of fertiliser companies