Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 150
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | Fertiliser Ministry moots 10% hike in urea prices-Rituraj Tiwari    </title>
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The fertiliser ministry is mooting a proposal to raise urea prices by 10%. With this proposed revision, which will have to be endorsed by the Cabinet Committee on Economic Affairs, urea prices will go up from Rs 5,310 per tonne..."/>
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                            <div style="text-align: justify"><br /></div><div style="text-align: justify">The fertiliser ministry is mooting a proposal to raise urea prices by 10%. With this proposed revision, which will have to be endorsed by the Cabinet Committee on Economic Affairs, urea prices will go up from Rs 5,310 per tonne to Rs 5,841 per tonne.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">This will help the government to reduce its annual subsidy burden by around Rs 2,000 crore. At present , the annual urea subsidy bill is in excess of Rs 20,000 crore. &quot;The proposal is doing rounds in the ministry for quite some time. It can be implemented only after getting stamped by CCEA,&quot; said a senior fertiliser ministry official.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">In the last 10 years, the government raised urea prices only once in 2010 by 10% from Rs 4,830 per tonne to Rs 5,310 per tonne. With this, the government saved around Rs 1,200 crore on urea subsidy.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">However, the Expenditure Reforms Commission, set up by the government in the year 2000 to work out a road map towards a subsidy-free regime, had recommended an annual price increment of 7% for some time before decontrolling the industry. At Rs 5,310 per tonne, urea is the cheapest fertiliser available.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;Two months ago, the government had cut the subsidy on phosphate and potashbased fertilisers by up to 30%. Now subsidy cut on urea is likely to bring down its indiscriminate use,&quot; said the official. This move is in line with Finance Minister Pranab Mukherjee's intent of bringing down central subsidies to 1.75% during the next 3 years.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">In his budget speech, he had announced that the government would reduce the outgo on major subsidies including food, oil and fertilisers to Rs 1.79 lakh crore from Rs 2.08 lakh crore estimated in the last fiscal. The industry, however, feels that a 10% increment in prices is not enough.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;The prices of urea need to be revised. Though it won't have any major impact on fertilizer companies, it's a small step towards promoting balanced fertiliser use. Due to a major gap between NPK fertilizer prices and urea prices, the latter is being excessively used, taking a huge toll on the soil.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">There's still scope of quick revisions,&quot; said Satish Chander, director general of Fertilizer Association of India (FAI). According to the industry, the annual demand for urea in the country is around 28 million tonne of which 22 million tonne is indigenously produced and the rest imported. The cost of urea production in the country is around Rs 13,000 per tonne while the import cost is around Rs 23,000 per tonne.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;With the government fixing the maximum retail price at Rs 5,310 per tonne, the difference between the cost of production or import and the MRP is being borne by the government in the form of subsidy,&quot; said another ministry official.</div>                                                           
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    <br><a href="http://economictimes.indiatimes.com/news/economy/agriculture/fertiliser-ministry-moots-10-hike-in-urea-prices/articleshow/12526926.cms" class="re" target="_blank">The Economic Times, 4 April, 2012, http://economictimes.indiatimes.com/news/economy/agriculture/fertiliser-ministry-moots-10-hike-in-urea-prices/articleshow/12526926.cms</a><div class="clear"></div>
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The fertiliser ministry is mooting a proposal to raise urea prices by 10%. With this proposed revision, which will have to be endorsed by the Cabinet Committee on Economic Affairs, urea prices will go up from Rs 5,310 per tonne..."/>
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    <h1 class="cat-box-title">Fertiliser Ministry moots 10% hike in urea prices-Rituraj Tiwari</h1>
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                            <div style="text-align: justify"><br /></div><div style="text-align: justify">The fertiliser ministry is mooting a proposal to raise urea prices by 10%. With this proposed revision, which will have to be endorsed by the Cabinet Committee on Economic Affairs, urea prices will go up from Rs 5,310 per tonne to Rs 5,841 per tonne.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">This will help the government to reduce its annual subsidy burden by around Rs 2,000 crore. At present , the annual urea subsidy bill is in excess of Rs 20,000 crore. &quot;The proposal is doing rounds in the ministry for quite some time. It can be implemented only after getting stamped by CCEA,&quot; said a senior fertiliser ministry official.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">In the last 10 years, the government raised urea prices only once in 2010 by 10% from Rs 4,830 per tonne to Rs 5,310 per tonne. With this, the government saved around Rs 1,200 crore on urea subsidy.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">However, the Expenditure Reforms Commission, set up by the government in the year 2000 to work out a road map towards a subsidy-free regime, had recommended an annual price increment of 7% for some time before decontrolling the industry. At Rs 5,310 per tonne, urea is the cheapest fertiliser available.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;Two months ago, the government had cut the subsidy on phosphate and potashbased fertilisers by up to 30%. Now subsidy cut on urea is likely to bring down its indiscriminate use,&quot; said the official. This move is in line with Finance Minister Pranab Mukherjee's intent of bringing down central subsidies to 1.75% during the next 3 years.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">In his budget speech, he had announced that the government would reduce the outgo on major subsidies including food, oil and fertilisers to Rs 1.79 lakh crore from Rs 2.08 lakh crore estimated in the last fiscal. The industry, however, feels that a 10% increment in prices is not enough.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;The prices of urea need to be revised. Though it won't have any major impact on fertilizer companies, it's a small step towards promoting balanced fertiliser use. Due to a major gap between NPK fertilizer prices and urea prices, the latter is being excessively used, taking a huge toll on the soil.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">There's still scope of quick revisions,&quot; said Satish Chander, director general of Fertilizer Association of India (FAI). According to the industry, the annual demand for urea in the country is around 28 million tonne of which 22 million tonne is indigenously produced and the rest imported. The cost of urea production in the country is around Rs 13,000 per tonne while the import cost is around Rs 23,000 per tonne.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;With the government fixing the maximum retail price at Rs 5,310 per tonne, the difference between the cost of production or import and the MRP is being borne by the government in the form of subsidy,&quot; said another ministry official.</div>                                                           
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    <br><a href="http://economictimes.indiatimes.com/news/economy/agriculture/fertiliser-ministry-moots-10-hike-in-urea-prices/articleshow/12526926.cms" class="re" target="_blank">The Economic Times, 4 April, 2012, http://economictimes.indiatimes.com/news/economy/agriculture/fertiliser-ministry-moots-10-hike-in-urea-prices/articleshow/12526926.cms</a><div class="clear"></div>
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The fertiliser ministry is mooting a proposal to raise urea prices by 10%. With this proposed revision, which will have to be endorsed by the Cabinet Committee on Economic Affairs, urea prices will go up from Rs 5,310 per tonne..." />
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    <h1 class="cat-box-title">Fertiliser Ministry moots 10% hike in urea prices-Rituraj Tiwari</h1>
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                            <div style="text-align: justify"><br /></div><div style="text-align: justify">The fertiliser ministry is mooting a proposal to raise urea prices by 10%. With this proposed revision, which will have to be endorsed by the Cabinet Committee on Economic Affairs, urea prices will go up from Rs 5,310 per tonne to Rs 5,841 per tonne.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">This will help the government to reduce its annual subsidy burden by around Rs 2,000 crore. At present , the annual urea subsidy bill is in excess of Rs 20,000 crore. &quot;The proposal is doing rounds in the ministry for quite some time. It can be implemented only after getting stamped by CCEA,&quot; said a senior fertiliser ministry official.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">In the last 10 years, the government raised urea prices only once in 2010 by 10% from Rs 4,830 per tonne to Rs 5,310 per tonne. With this, the government saved around Rs 1,200 crore on urea subsidy.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">However, the Expenditure Reforms Commission, set up by the government in the year 2000 to work out a road map towards a subsidy-free regime, had recommended an annual price increment of 7% for some time before decontrolling the industry. At Rs 5,310 per tonne, urea is the cheapest fertiliser available.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;Two months ago, the government had cut the subsidy on phosphate and potashbased fertilisers by up to 30%. Now subsidy cut on urea is likely to bring down its indiscriminate use,&quot; said the official. This move is in line with Finance Minister Pranab Mukherjee's intent of bringing down central subsidies to 1.75% during the next 3 years.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">In his budget speech, he had announced that the government would reduce the outgo on major subsidies including food, oil and fertilisers to Rs 1.79 lakh crore from Rs 2.08 lakh crore estimated in the last fiscal. The industry, however, feels that a 10% increment in prices is not enough.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;The prices of urea need to be revised. Though it won't have any major impact on fertilizer companies, it's a small step towards promoting balanced fertiliser use. Due to a major gap between NPK fertilizer prices and urea prices, the latter is being excessively used, taking a huge toll on the soil.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">There's still scope of quick revisions,&quot; said Satish Chander, director general of Fertilizer Association of India (FAI). According to the industry, the annual demand for urea in the country is around 28 million tonne of which 22 million tonne is indigenously produced and the rest imported. The cost of urea production in the country is around Rs 13,000 per tonne while the import cost is around Rs 23,000 per tonne.&nbsp;</div><div style="text-align: justify"><br /></div><div style="text-align: justify">&quot;With the government fixing the maximum retail price at Rs 5,310 per tonne, the difference between the cost of production or import and the MRP is being borne by the government in the form of subsidy,&quot; said another ministry official.</div>                                                           
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    <br><a href="http://economictimes.indiatimes.com/news/economy/agriculture/fertiliser-ministry-moots-10-hike-in-urea-prices/articleshow/12526926.cms" class="re" target="_blank">The Economic Times, 4 April, 2012, http://economictimes.indiatimes.com/news/economy/agriculture/fertiliser-ministry-moots-10-hike-in-urea-prices/articleshow/12526926.cms</a><div class="clear"></div>
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Home हिन्दी

Fertiliser Ministry moots 10% hike in urea prices-Rituraj Tiwari

Published on Apr 4, 2012   Modified on Apr 4, 2012

The fertiliser ministry is mooting a proposal to raise urea prices by 10%. With this proposed revision, which will have to be endorsed by the Cabinet Committee on Economic Affairs, urea prices will go up from Rs 5,310 per tonne to Rs 5,841 per tonne.  This will help the government to reduce its annual subsidy burden by around Rs 2,000 crore. At present , the annual urea subsidy bill is in excess of Rs 20,000 crore. "The proposal is doing rounds in the ministry for quite some time. It can be implemented only after getting stamped by CCEA," said a senior fertiliser ministry official.  In the last 10 years, the government raised urea prices only once in 2010 by 10% from Rs 4,830 per tonne to Rs 5,310 per tonne. With this, the government saved around Rs 1,200 crore on urea subsidy.  However, the Expenditure Reforms Commission, set up by the government in the year 2000 to work out a road map towards a subsidy-free regime, had recommended an annual price increment of 7% for some time before decontrolling the industry. At Rs 5,310 per tonne, urea is the cheapest fertiliser available.  "Two months ago, the government had cut the subsidy on phosphate and potashbased fertilisers by up to 30%. Now subsidy cut on urea is likely to bring down its indiscriminate use," said the official. This move is in line with Finance Minister Pranab Mukherjee's intent of bringing down central subsidies to 1.75% during the next 3 years.  In his budget speech, he had announced that the government would reduce the outgo on major subsidies including food, oil and fertilisers to Rs 1.79 lakh crore from Rs 2.08 lakh crore estimated in the last fiscal. The industry, however, feels that a 10% increment in prices is not enough.  "The prices of urea need to be revised. Though it won't have any major impact on fertilizer companies, it's a small step towards promoting balanced fertiliser use. Due to a major gap between NPK fertilizer prices and urea prices, the latter is being excessively used, taking a huge toll on the soil.  There's still scope of quick revisions," said Satish Chander, director general of Fertilizer Association of India (FAI). According to the industry, the annual demand for urea in the country is around 28 million tonne of which 22 million tonne is indigenously produced and the rest imported. The cost of urea production in the country is around Rs 13,000 per tonne while the import cost is around Rs 23,000 per tonne.  "With the government fixing the maximum retail price at Rs 5,310 per tonne, the difference between the cost of production or import and the MRP is being borne by the government in the form of subsidy," said another ministry official.

The Economic Times, 4 April, 2012, http://economictimes.indiatimes.com/news/economy/agriculture/fertiliser-ministry-moots-10-hike-in-urea-prices/articleshow/12526926.cms

Tagged with: Fertilizer subsidies Inflation

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