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Friday, December 20, 2024 | 01:56 PM ISTEN Hindi

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Nano urea potential

It can materially cut fertiliser import dependence

urea
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Business Standard Editorial Comment Mumbai
The indication from the government that India would not need to import urea by 2025 could not have come at a more opportune moment, given that the global prices of this most-consumed fertiliser have soared to new highs and its availability has dwindled due to the Russian-Ukraine conflict and export cuts by China and other countries. The international urea prices are currently ruling at their highest level since the 2008 food and financial crisis. So are, in fact, the prices of phosphatic and potassic fertilisers, for which the country’s reliance on imports is even higher than that for urea. As

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