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$adminprix = 'admin' $rn = object(App\Model\Entity\Article) { 'id' => (int) 3474, 'title' => 'Free pricing of urea to rationalise use: Panel', 'subheading' => '', 'description' => '<font face="arial,helvetica,sans-serif" size="3"><br /> </font> <div align="justify"> <br /> <br /> <font face="arial,helvetica,sans-serif" size="3">A committee set up by the government has suggested freeing the prices of urea and inclusion of the fertiliser in the new nutrient-based subsidy scheme to discourage its excessive use, stem soil degradation and reduce government subsidy.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">The panel, led by former agriculture secretary T Nanda Kumar, also recommended a “comparatively higher level” of subsidy for critical nutrients like sulphur, zinc and boron to make them affordable to farmers.</font><br /> <font face="arial,helvetica,sans-serif" size="3"></font> </div> <div align="justify"> </div> <div align="justify"> <font face="arial,helvetica,sans-serif" size="3">The nutrient-based subsidy scheme, or NBS, currently includes nitrogen, phosphorous, potash and complex fertilisers. Its underlying concept is equal subsidy for the same nutrient in any form, either as a straight fertiliser or as a complex one.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Industry lobby Fertiliser Association of India director-general Satish Chandra welcomed the proposal but was guarded in his reaction. “These (recommendations) have been made by other panels earlier,” he said, an indication that a decision on this politically sensitive issue will not be easy.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">The committee submitted its report to the Cabinet secretary last week, five months after it was set up to suggest ways to optimise the use of fertilisers to boost agriculture productivity. The 80-page report has recommended that the NBS be urgently operationalised for all approved fertilisers, including urea.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Fertiliser subsidy is pegged lower at Rs 49,980.73 crore this fiscal year from Rs 52,980.25 crore last year on the premise that it would drop in the NBS regime.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Keeping urea, a key source of nitrogen, out of the NBS has led to heavy use of the cheapest fertiliser in the first three months of the policy, defeating its objective of balanced use of nutrients.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">“Barring urea from the NBS is confusing since the scheme was meant to encourage balanced fertilisation,” Mr Chandra said, adding that the government should have a road map for urea with separate subsidy levels for gas-based urea plants and naphtha-based plants.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">The government has said that urea will be included into the policy later, but has not indicated a time frame.</font><br /> <font face="arial,helvetica,sans-serif" size="3"></font> </div> <div align="justify"> </div> <div align="justify"> <font face="arial,helvetica,sans-serif" size="3">Mr Chandra said if the government wants, urea can be brought under the NBS even from this rabi season. The Nanda Kumar committee, however, suggests a phased rollout due to paucity of time.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">The Centre could take up site specific nutrient management initially in the 100 districts, which consume 50% of NPK fertilisers, followed by the districts that have major soil degradation.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">When the NBS scheme was introduced in April, subsidy for indigenous and imported P&K fertilisers was announced on an annual basis for 2010-11, based on the prevailing fertiliser prices and price trends in the international market. That allowed the private sector to clinch imports at attractive prices while domestic competition was expected to keep prices affordable to farmers.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">The Centre plans to amend the new pricing scheme for urea to determine the quantum of urea subsidy, although the industry has demanded inclusion of urea in the NBS and free imports either within or outside the scheme.</font><br /> <font face="arial,helvetica,sans-serif" size="3"></font> </div> <div align="justify"> </div> <div align="justify"> <font face="arial,helvetica,sans-serif" size="3">Imports through parastatals alone have meant that the Centre buys urea at prices ranging between Rs 7,000 and Rs 30,000 a tonne.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">The panel, which included secretaries of agriculture, fertiliser, finance and expenditure, has also suggested direct cash transfer to farmers. </font><br /> <br /> </div>', 'credit_writer' => 'The Economic Times, 28 September, 2010, http://economictimes.indiatimes.com/news/economy/agriculture/Free-pricing-of-urea-to-rationalise-use-Panel/articleshow/6639745.cms', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'free-pricing-of-urea-to-rationalise-use-panel-3563', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 3563, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $imgtag = false $imgURL = 'The Economic Times, 28 September, 2010, http://economictimes.indiatimes.com/news/economy/agriculture/Free-pricing-of-urea-to-rationalise-use-Panel/articleshow/6639745.cms' $titleText = 'Free pricing of urea to rationalise use: Panel' $descText = ' A committee set up by the government has suggested freeing the prices of urea and inclusion of the fertiliser in the new nutrient-based subsidy scheme to discourage its excessive use, stem soil degradation and reduce government subsidy. 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$adminprix = 'admin' $rn = object(App\Model\Entity\Article) { 'id' => (int) 3474, 'title' => 'Free pricing of urea to rationalise use: Panel', 'subheading' => '', 'description' => '<font face="arial,helvetica,sans-serif" size="3"><br /> </font> <div align="justify"> <br /> <br /> <font face="arial,helvetica,sans-serif" size="3">A committee set up by the government has suggested freeing the prices of urea and inclusion of the fertiliser in the new nutrient-based subsidy scheme to discourage its excessive use, stem soil degradation and reduce government subsidy.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">The panel, led by former agriculture secretary T Nanda Kumar, also recommended a “comparatively higher level” of subsidy for critical nutrients like sulphur, zinc and boron to make them affordable to farmers.</font><br /> <font face="arial,helvetica,sans-serif" size="3"></font> </div> <div align="justify"> </div> <div align="justify"> <font face="arial,helvetica,sans-serif" size="3">The nutrient-based subsidy scheme, or NBS, currently includes nitrogen, phosphorous, potash and complex fertilisers. Its underlying concept is equal subsidy for the same nutrient in any form, either as a straight fertiliser or as a complex one.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Industry lobby Fertiliser Association of India director-general Satish Chandra welcomed the proposal but was guarded in his reaction. “These (recommendations) have been made by other panels earlier,” he said, an indication that a decision on this politically sensitive issue will not be easy.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">The committee submitted its report to the Cabinet secretary last week, five months after it was set up to suggest ways to optimise the use of fertilisers to boost agriculture productivity. The 80-page report has recommended that the NBS be urgently operationalised for all approved fertilisers, including urea.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Fertiliser subsidy is pegged lower at Rs 49,980.73 crore this fiscal year from Rs 52,980.25 crore last year on the premise that it would drop in the NBS regime.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">Keeping urea, a key source of nitrogen, out of the NBS has led to heavy use of the cheapest fertiliser in the first three months of the policy, defeating its objective of balanced use of nutrients.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">“Barring urea from the NBS is confusing since the scheme was meant to encourage balanced fertilisation,” Mr Chandra said, adding that the government should have a road map for urea with separate subsidy levels for gas-based urea plants and naphtha-based plants.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">The government has said that urea will be included into the policy later, but has not indicated a time frame.</font><br /> <font face="arial,helvetica,sans-serif" size="3"></font> </div> <div align="justify"> </div> <div align="justify"> <font face="arial,helvetica,sans-serif" size="3">Mr Chandra said if the government wants, urea can be brought under the NBS even from this rabi season. The Nanda Kumar committee, however, suggests a phased rollout due to paucity of time.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">The Centre could take up site specific nutrient management initially in the 100 districts, which consume 50% of NPK fertilisers, followed by the districts that have major soil degradation.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">When the NBS scheme was introduced in April, subsidy for indigenous and imported P&K fertilisers was announced on an annual basis for 2010-11, based on the prevailing fertiliser prices and price trends in the international market. That allowed the private sector to clinch imports at attractive prices while domestic competition was expected to keep prices affordable to farmers.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">The Centre plans to amend the new pricing scheme for urea to determine the quantum of urea subsidy, although the industry has demanded inclusion of urea in the NBS and free imports either within or outside the scheme.</font><br /> <font face="arial,helvetica,sans-serif" size="3"></font> </div> <div align="justify"> </div> <div align="justify"> <font face="arial,helvetica,sans-serif" size="3">Imports through parastatals alone have meant that the Centre buys urea at prices ranging between Rs 7,000 and Rs 30,000 a tonne.</font><br /> <br /> <font face="arial,helvetica,sans-serif" size="3">The panel, which included secretaries of agriculture, fertiliser, finance and expenditure, has also suggested direct cash transfer to farmers. </font><br /> <br /> </div>', 'credit_writer' => 'The Economic Times, 28 September, 2010, http://economictimes.indiatimes.com/news/economy/agriculture/Free-pricing-of-urea-to-rationalise-use-Panel/articleshow/6639745.cms', 'article_img' => '', 'article_img_thumb' => '', 'status' => (int) 1, 'show_on_home' => (int) 1, 'lang' => 'EN', 'category_id' => (int) 16, 'tag_keyword' => '', 'seo_url' => 'free-pricing-of-urea-to-rationalise-use-panel-3563', 'meta_title' => null, 'meta_keywords' => null, 'meta_description' => null, 'noindex' => (int) 0, 'publish_date' => object(Cake\I18n\FrozenDate) {}, 'most_visit_section_id' => null, 'article_big_img' => null, 'liveid' => (int) 3563, 'created' => object(Cake\I18n\FrozenTime) {}, 'modified' => object(Cake\I18n\FrozenTime) {}, 'edate' => '', 'category' => object(App\Model\Entity\Category) {}, '[new]' => false, '[accessible]' => [ '*' => true, 'id' => false ], '[dirty]' => [], '[original]' => [], '[virtual]' => [], '[hasErrors]' => false, '[errors]' => [], '[invalid]' => [], '[repository]' => 'Articles' } $imgtag = false $imgURL = 'The Economic Times, 28 September, 2010, http://economictimes.indiatimes.com/news/economy/agriculture/Free-pricing-of-urea-to-rationalise-use-Panel/articleshow/6639745.cms' $titleText = null $descText = ' A committee set up by the government has suggested freeing the prices of urea and inclusion of the fertiliser in the new nutrient-based subsidy scheme to discourage its excessive use, stem soil degradation and reduce government subsidy. 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