-The Business Standard Lopsided fertiliser policy is damaging farm output Even as the indifferent monsoon is threatening to affect crop sowing in the current season, the recent spike in the prices of some fertilisers and related developments in the fertiliser sector are adding to disquiet over kharif production prospects. The government’s move to slash subsidies on non-urea fertilisers early this year, coupled with the rupee’s depreciation, has led fertiliser companies to substantially...
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Higher prices likely to cut fertiliser demand 10-15 %-Rituraj Tiwari
-The Economic Times Rising fertiliser prices may lead to a drop in demand by 10-15 % this kharif season. The impact will be more on Diammonium Phosphate (DAP) whose prices are likely to double over last season. DAP prices have gone up from Rs 12,000 a tonne last kharif to over Rs 18,000 a tonne and are likely to be revised to Rs 24,000 within a couple of weeks. "Yes, there are...
More »Subsidy bill reduction target ‘ambitious’-Aman Malik
The government plans to cut its subsidy bill to under 2% of the gross domestic product (GDP) in 2012-13, finance minister Pranab Mukherjee said in his budget speech on Friday. High crude oil prices and burgeoning fertilizer subsidies, primarily on account of imported non-urea fertilizers, have meant India’s subsidy bill has zoomed to Rs2.16 trillion, or 2.5% of the GDP. Mukherjee has set an ambitious target to reduce this to under 1.75%...
More »DAP and the holy cow by Sreelatha Menon
DAP — the three-letter magic word which rules the life of most farmers. Some say it is not magic, but black magic, like a drug with a tantalising hold that just won’t let you go. DAP is short for Diammonium Phosphate (a commonly used fertiliser). Whether illiterate or not, farmers all over India know about DAP. And, currently, the biggest crisis that they are facing is the 100 per cent...
More »Smart fertiliser subsidy signals bold farm reform by Swaraj Thapa, Ravish Tiwari
In a bold move that will not just prune the humongous fertiliser subsidy bill but also change the face of agriculture, Prime Minister Manmohan Singh, aided by several Cabinet colleagues, today brought in a nutrient-based subsidy (NBS) regime. This will incentivise companies to innovate beyond a handful of products sold in the market presently and offer farmers choice based on soil needs. This is expected to trim the subsidy bill...
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