-Down to Earth Urea subsidy cut 17%; allocation for NPK subsidy reduced 35% Amid acute shortage of fertilisers in India, Union finance minister Nirmala Sitharaman February 1, 2022, reduced subsidy on urea and nutrient-based (NPK) fertilisers. The move is expected to adversely hit the ailing farm sector. The Rs 63,222.32 crore allocation for urea subsidy in her Budget for 2022-23 was 17 per cent lower than the revised estimates (RE) for 2021-22. Another...
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Reforming the fertilizer sector -Ramesh Chand and Yogesh Suri
-The Hindu In order to address the multiple goals of fertilizer policy, India needs to work on four key areas Since 1991, when economic reforms began in India, several attempts have been made to reform the fertilizer sector to keep a check on the rising fertilizer subsidy bill, promote the efficient use of fertilizers, achieve balanced use of N, P, and K (nitrogen, phosphorus, and potassium), and reduce water and air pollution...
More »After coal crisis, urea shortage poses new challenge to several states - Hemender Sharma, Dev Ankur Wadhawan. Hemanta Kumar Nath and Manjeet Sehgal
-IndiaToday.in Even as the coal crisis continues in the country, a urea shortage seems to be the next big problem for several states, especially with the sowing of rabi (winter) crops around the corner. Bhopal /Jaipur /Guwahati /Chandigarh: The coal supply shortage has already threatened possible power outages in India. Several states have reported a shortage and complained of a possible power outage in the coming days, even as the central government...
More »After diesel, fertilisers to take toll on farmers; IFFCO hikes prices by 45-58% -Harish Damodaran and Harikishan Sharma
-The Indian Express A 50-kg bag of di-ammonium phosphate (DAP), the most widely consumed fertiliser in India after urea, will cost farmers Rs 1,900, more than 58 per cent higher than the existing rate of Rs 1,200/bag. In the midst of Assembly elections in West Bengal and ongoing protests against the Centre’s farm laws, the country’s largest fertiliser seller – Indian Farmers Fertiliser Cooperative (IFFCO) – has steeply raised prices of nutrients. A...
More »Economic Liberalisation and Fertilizer Policies in India -Prachi Bansal and Vikas Rawal
-Society for Social and Economic Research The economic reforms which were started in 1991 shifted the focus of fertilizer policies away from playing a leading role in building the fertilizer industry and ensuring the availability of fertilizers at affordable prices to farmers. Under the neo-liberal policy framework, reducing the fiscal burden of fertilizer subsidies and the foreign exchange burden of fertilizer-related imports became the overriding concerns of the state. Interestingly, the post-liberalisation...
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