Page 3 - Fertilizers

Procedures fully followed for nano urea fertiliser approval: Govt

The government on Sunday said established procedures have been fully followed while provisionally approving nano urea based on encouraging field results and feedback from farm scientists at ICAR and state universities. In June 2021, cooperative IFFCO launched nano urea in liquid form as an alternative to conventional urea. It has set up manufacturing plants to produce nano urea and is also selling in the market. In a statement, the Chemicals and Fertilisers Ministry said: "It is clarified that the established and existing procedure for registration of any fertiliser for notification as per Fertiliser Control Order (FCO), 1985 has been fully accounted for". The process has not been fast-tracked, the ministry asserted. Nano Urea has been notified provisionally under the FCO based on the existing procedure for introduction of fertilisers under FCO, 1985, which requires data from only two seasons, it added. "Nano Urea has been provisionally notified under FCO based on encouraging resu

All subsidised fertilisers to be sold under single brand 'Bharat' from Oct

All subsidised fertilisers including urea and DAP will be sold under the single brand 'Bharat' from October, a move aimed at ensuring timely availability of soil nutrients to farmers and reducing the freight subsidy. Announcing the new initiative 'One Nation One Fertiliser' under the fertiliser subsidy scheme 'Pradhanmantri Bhartiya Janurvarak Pariyojna (PMBJP)', Chemicals and Fertilisers Minister Mansukh Mandaviya said the companies are allowed to display their name, brand, logo and other relevant product information only on one-third space of their bags. On the remaining two-thirds space, he said the Bharat brand and PMBJP logo will have to be shown. The companies have been given time till year-end to clear their old stock. In the last financial year, the central government incurred a fertiliser subsidy bill of Rs 1.62 lakh crore. In view of a sharp rise in global prices in the last 5-6 months, the government's subsidy bill is estimated to rise to Rs 2.25 lakh crore in the curren

Higher gas prices deepen Europe's fertiliser crunch, threaten food crisis

Russia's squeeze on gas shipments in the wake of Moscow's invasion of Ukraine is hurting industries across Europe

Will 'one nation one fertiliser' lead to uniformity or anonymity?

Under 'One Nation One Fertiliser' all fertiliser bags, irrespective of their contents or the company that manufactures them, will carry a uniform brand name called "Bharat"

'One Nation, One Man, One Fertilizer': Congress takes dig at govt's order

The Congress on Thursday slammed the government's reported order directing all fertilizer companies to sell their products under a single brand, describing it as "one nation, one man, one fertilizer". In a bid to bring about uniformity in fertiliser brands across the country, the government issued an order directing all companies to sell their products under a single brand name of 'Bharat', media reports said. "Nothing that the Sarvavyapi does for self-promotion should surprise us anymore. Latest is the decision to sell all fertilizers under one brand and that too as part of PM-BJP (Bharatiya Janurvarak Pariyojana)," Congress general secretary Jairam Ramesh said. "One Nation, One Man, One Fertilizer!" he tweeted.

Subsidy withdrawal risk rings warning bell for fertilisers

Notwithstanding soaring input costs and supply snags, market has been bullish on fertiliser companies, thanks to the govt's subsidy support. But why are analysts cautious on fertiliser companies?

India set to be self-sufficient in urea by 2025 with six new plants

The commissioning of new plants is expected to bring down import dependency to less than half the current levels

India set to be self-sufficient in urea by 2025 even without help from nano

The commissioning of new plants is expected to bring down import dependency to less than half of current levels

Govt unearths leakages of Rs 100 crore in urea usage in two months

Per year, about 1-1.2 million tonnes of urea meant for farming gets diverted towards industrial use, say officials

India to be self-sufficient in urea by 2025-end, says Mandaviya

India will not need to import urea by 2025-end as the domestic production of conventional urea and nano liquid urea is expected to be sufficient, Union Minister Mansukh Mandaviya said

What is soil health card scheme? Check eligibility, cost and challenges

Under SHC scheme, a soil health card contains soil health indicators and descriptive concepts based on farmers' knowledge of local natural resources and practical experience

Guterres urges restoring food, fertiliser from Ukraine, Russia into markets

UN Secretary-General Antonio Guterres HAS stressed the importance of reintegrating the food and fertilizer products from Ukraine and Russia into world markets.

Crisis-hit Sri Lanka seeks $55-mn loan from India for buying fertiliser

Wickremesinghe has said that within five to six months, the current agriculture shortages could be salvaged if swift action was taken to address the shortages faced by the farmers.

Centre seizes 35,000 bags of urea diverted from agricultural use

Being highly subsidised, there is always a tendency to divert urea towards non-agriculture purposes

Adequate urea stocks in country; no need to import till December: Mandaviya

The Chemicals and Fertilisers Minister said the prices of fertilisers have dropped in the international market and hoped that rates would further decline in the next six months

Govt leans heavily on nominal revenue growth to beat fiscal blues

If the burden does hit Rs 2.5 trillion, that would mean extra spending of around Rs 35,000 crore

Normal monsoon boost Indian economy; related stocks may gain: Analysts

Analysts consider the south-west monsoon to be the lifeline of India's agri-based economy, as it is likely to brighten outlook for bumper crop output amid inflationary times post covid-19 blowout.

Nano urea will boost crop production, increase farmers' income: IFFCO

Prime Minister Narendra Modi on Saturday virtually inaugurated the world's first nano urea liquid plant by IFFCO near Kalol town of Gujarat's Gandhinagar district

Deepak Fertilisers Q4 consolidated PAT rises 144% at Rs 283 crore

The company's PAT stood at Rs 115.80 crore during the corresponding quarter of 2020-21, Deepak Fertilisers and Petrochemicals Corporation said in a BSE filing

Centre committed to providing assured supply of fertilisers: Mandaviya

The government is committed to provide assured supply of fertilisers to the farmers and there is no shortage of fertilisers in the country, Union Chemicals and Fertilisers Minister Mansukh Mandaviya said on Tuesday.