The Hindu Businessline India’s Urea production has surged by 25.6 per cent during the first month of the current fiscal to 23.45 lakh tonnes (lt), thanks to the revival of four closed plants in the public sector at Gorakhpur, Sindri, Barauni, and Ramagundam. However, sales were lower at 11.77 lt in April from year-ago, which indicates its comfortable availability as farmers normally rush to store the crop nutrient ahead of sowing...

-ThePrint.in New Delhi: India has issued a global Urea tender asking producers to quote a discount for the supply of 600,000 tonnes of Urea, industry sources said and a document shows, as the nation seeks to cut import costs and secure cheaper supplies of the soil nutrient. India, where soil nutrients are sold at below market rates, annually imports Urea through tenders by authorised companies such as India Potash Ltd, Rashtriya Chemicals...

-Hindustan Times Indian fertiliser and chemical companies have also accelerated investments in several mineral rich North African nations so as to hedge against price spirals and volatility. New Delhi: India is on the verge of signing long-term deals with several countries to secure fertilizer imports, critical for food security amid increasing geopolitical uncertainties , a government official said, requesting anonymity. Union chemicals and fertilisers minister Mansukh Mandaviya is set to travel to Morocco...

-Newsclick.in There is need to build up self-reliance by nurturing the fertiliser CPSEs, rather than dismantling them through disinvestment and privatisation, read the PCPSPS statement. New Delhi: Amid concerns over global availability and growing demand for fertilisers, as well India’s dependence on Urea import, the People's Commission on Public Sector and Public Services (PCPSPS) has called for a national fertiliser policy, consistent with the long-term food security strategy in India. “The national fertiliser...

-Moneycontrol.com The fertiliser subsidy stood at Rs 1.62 lakh crore in the previous financial year. The government's fertiliser subsidy will rise to Rs 2.3-2.5 lakh crore in this fiscal but the bill may fall by 25 per cent in the 2023-24 financial year with moderation in global prices, according to industry body FAI. Fertilisers Association of India (FAI) expressed concern that the fixed cost of Urea has not been increased affecting the viability...