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Chemicals and Fertilisers Minister Mansukh Mandaviya on Wednesday asserted that there will be no shortage of fertilisers in the upcoming kharif sowing season as the domestic production and stocks-in-hand will be sufficient to meet the local demand for soil nutrients. The minister said the country might not require to import urea from the spot market to meet Kharif (summer-sown) demand. Urea being imported under long-term supply agreements will come. However, he said, there will be some import of DAP (Di-Ammonium Phosphate) to meet the local demand. "There will be no shortage of fertilisers in the upcoming kharif season. The stocks that we will have at the start of next month and estimated domestic production between April and September of next fiscal will be sufficient to meet the projected requirement during Kharif season," Mandaviya told reporters here. He said the country will not need to import urea and NPK from spot markets. Mandaviya informed that the planning for fertiliser
In the ongoing Kharif marketing season in Punjab, Haryana, Chandigarh, Uttar Pradesh, Uttarakhand and Tamil Nadu, farmers have benefitted with minimum support price value of Rs 2,356.30 crore
In full 2021-22, around 81,000 tonnes of broken rice was allotted from FCI's godowns for ethanol production
IMD says fresh withdrawal dates will be updated soon; last week it said withdrawal might set in by Sep 7
Rice procurement a tad higher than 50.98 mn tonnes in 2021-22; market sources say this could be a sign that govt does not expect a major drop in Kharif rice output
Uttar Pradesh Chief Minister Yogi Adityanath on Thursday said an action plan, in the wake of the deficit rainfall, should be prepared
Experts say a fall in paddy output could hugely impact cereal prices going forward as wheat stocks in central pool aren't enough to quell any surge in prices
IMD's latest update says active monsoon conditions over central India and along the west coast could continue for five days starting. It sees a rise in rainfall over Northwest India on July 9-10
Official data showed that among major kharif crops, acreage of pulses was almost 7 per cent more than last year
Shortfall in rains, which was over 40% till June 10, narrowed to 4% by June 24 largely due to a massive downpour in the East and North-East
With the pick-up in rains, the seasonal cumulative deficit will also go down over the next few weeks
The support price of 'A' grade variety of paddy has been hiked to Rs 2,060 per quintal from Rs 1,960.
The actual pick-up in sowing will happen once the monsoon becomes active over Central and Western India
This is despite a bumper kharif harvest, and is largely due to the effect of a higher base
To ensure adequate and timely supply of fertilisers to farmers in the next 2022 kharif season, government targets higher-than expected opening stock of urea and DAP, a senior government official said.
Insurer wants premium subsidy released to settle losses, says its commitments to reinsurers and subsequent claim recoveries have been impacted
Relentless monsoon has damaged standing crops as in many places; heavy impact on pulses in Rajasthan, Maharashtra and parts of UP
According to the latest crop sowing report, kharif crops have been sown in around 84.81 mn hectares till July 30, which is 4.7% lower than the same period last year
Any production drop could push inflation concerns
Farmers might shift from soy, cotton and maize if rainfall doesn't improve sufficiently, analysts say