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India seeks discount in rare one-year Urea import tender, say sources -Nidhi Verma

-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...

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India set to sign deals to secure fertiliser imports India -Zia Haq

-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...

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People’s Commission Calls for National Fertiliser Policy to Reduce Imports, Strengthen CPSEs

-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...

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High fertiliser prices shock farmers even as ministry denies shortage reports -Shagun

-Down to Earth Farmers in different states have protested against unavailability of fertilisers Global rise in fertiliser prices due to shortage has dealt a severe blow to farmers across India, which is the second-largest importer of fertilisers. Many states have seen cultivators erupting in protest, even as the Centre dismissed news of low availability of fertilisers. Dattaraye P Darekar from Vinchur village in Maharashtra is worried about his soybean and maize crops sown...

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Fertiliser subsidy may go up 55% to record Rs 2.5 trn in FY23: Report

 -PTI/ Business Standard The government will not increase retail prices of urea and also provide adequate subsidies to ensure that the maximum retail prices of non-urea fertilisers remain at the present level, sources said India's fertiliser subsidy bill is likely to shoot up by 55 per cent to record Rs 2.5 lakh crore this fiscal as the government will provide additional funds to make up for the spike in cost from higher...

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