Page 9 - Fertilizers

UN pushes for global fertiliser price cut to avoid future supply crisis

The United Nations is pushing to cut the price of fertilisers to avoid a "future crisis" of availability, said a senior U.N. trade official

Hurricane Ian has potential for 'catastrophic' chemical leak in Florida

As Floridians board up their homes and businesses brace for Hurricane Ian's impact, environmental groups worry there's one big hazard that's been left exposed to storm damage

India's potash facing demand destruction as world reels from high prices

Potash consumption will probably fall to 3 million tons in the year through March 2023 from 5 million a year earlier

Depreciating rupee not likely to cause fiscal slippage, say experts

Petroleum, fertiliser imports to become expensive, subsidy bill set to rise

No shortage of fertilisers in the country; no hike in prices: Mandaviya

Union Chemicals and Fertilisers Minister Mansukh Mandaviya on Tuesday said there is no shortage of crop nutrients in the country and asserted that there will be no hike in the prices of non-urea products. The minister also said that Nutrient Based Policy (NBS) for Phosphatic and Potassic (P&K) fertilisers for the Rabi season (October 2022 to March 2023) will be announced shortly. "There is no shortage of fertilisers in the country," Mandaviya told reporters on the sidelines of the International Dairy Federation (IDF) World Dairy Summit here. He was responding to a query about the supply situation for the upcoming Rabi sowing season that would start from October. On when the government would announce the NBS policy for P&K fertilisers for the Rabi season, he said it will be done shortly after analysing international prices. "We will not allow any increase in retail prices of DAP (Di-ammonium Phosphate) and other non-urea fertilisers," Mandaviya said, adding that the government

Best of BS Opinion: Unproductive policy, the Truss factor, and more

Here is the best of Business Standard's opinion pieces for Wednesday

Unproductive fertiliser policy

New fertiliser branding plan must be reviewed

Procedures fully followed for nano urea fertiliser approval: Govt

The government on Sunday said established procedures have been fully followed while provisionally approving nano urea based on encouraging field results and feedback from farm scientists at ICAR and state universities. In June 2021, cooperative IFFCO launched nano urea in liquid form as an alternative to conventional urea. It has set up manufacturing plants to produce nano urea and is also selling in the market. In a statement, the Chemicals and Fertilisers Ministry said: "It is clarified that the established and existing procedure for registration of any fertiliser for notification as per Fertiliser Control Order (FCO), 1985 has been fully accounted for". The process has not been fast-tracked, the ministry asserted. Nano Urea has been notified provisionally under the FCO based on the existing procedure for introduction of fertilisers under FCO, 1985, which requires data from only two seasons, it added. "Nano Urea has been provisionally notified under FCO based on encouraging resu

All subsidised fertilisers to be sold under single brand 'Bharat' from Oct

All subsidised fertilisers including urea and DAP will be sold under the single brand 'Bharat' from October, a move aimed at ensuring timely availability of soil nutrients to farmers and reducing the freight subsidy. Announcing the new initiative 'One Nation One Fertiliser' under the fertiliser subsidy scheme 'Pradhanmantri Bhartiya Janurvarak Pariyojna (PMBJP)', Chemicals and Fertilisers Minister Mansukh Mandaviya said the companies are allowed to display their name, brand, logo and other relevant product information only on one-third space of their bags. On the remaining two-thirds space, he said the Bharat brand and PMBJP logo will have to be shown. The companies have been given time till year-end to clear their old stock. In the last financial year, the central government incurred a fertiliser subsidy bill of Rs 1.62 lakh crore. In view of a sharp rise in global prices in the last 5-6 months, the government's subsidy bill is estimated to rise to Rs 2.25 lakh crore in the curren

Higher gas prices deepen Europe's fertiliser crunch, threaten food crisis

Russia's squeeze on gas shipments in the wake of Moscow's invasion of Ukraine is hurting industries across Europe

Will 'one nation one fertiliser' lead to uniformity or anonymity?

Under 'One Nation One Fertiliser' all fertiliser bags, irrespective of their contents or the company that manufactures them, will carry a uniform brand name called "Bharat"

'One Nation, One Man, One Fertilizer': Congress takes dig at govt's order

The Congress on Thursday slammed the government's reported order directing all fertilizer companies to sell their products under a single brand, describing it as "one nation, one man, one fertilizer". In a bid to bring about uniformity in fertiliser brands across the country, the government issued an order directing all companies to sell their products under a single brand name of 'Bharat', media reports said. "Nothing that the Sarvavyapi does for self-promotion should surprise us anymore. Latest is the decision to sell all fertilizers under one brand and that too as part of PM-BJP (Bharatiya Janurvarak Pariyojana)," Congress general secretary Jairam Ramesh said. "One Nation, One Man, One Fertilizer!" he tweeted.

Subsidy withdrawal risk rings warning bell for fertilisers

Notwithstanding soaring input costs and supply snags, market has been bullish on fertiliser companies, thanks to the govt's subsidy support. But why are analysts cautious on fertiliser companies?

India set to be self-sufficient in urea by 2025 with six new plants

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

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

Govt unearths leakages of Rs 100 crore in urea usage in two months

Per year, about 1-1.2 million tonnes of urea meant for farming gets diverted towards industrial use, say officials

India to be self-sufficient in urea by 2025-end, says Mandaviya

India will not need to import urea by 2025-end as the domestic production of conventional urea and nano liquid urea is expected to be sufficient, Union Minister Mansukh Mandaviya said

What is soil health card scheme? Check eligibility, cost and challenges

Under SHC scheme, a soil health card contains soil health indicators and descriptive concepts based on farmers' knowledge of local natural resources and practical experience

Guterres urges restoring food, fertiliser from Ukraine, Russia into markets

UN Secretary-General Antonio Guterres HAS stressed the importance of reintegrating the food and fertilizer products from Ukraine and Russia into world markets.

Crisis-hit Sri Lanka seeks $55-mn loan from India for buying fertiliser

Wickremesinghe has said that within five to six months, the current agriculture shortages could be salvaged if swift action was taken to address the shortages faced by the farmers.