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
All fertiliser bags to sport this common brand irrespective of company making it
India on Monday handed over 21,000 tonnes of fertiliser to Sri Lanka under a special support programme which will help farmers in this country and help bolster bilateral cooperation for food security, the second such assistance in recent months to the crisis-hit island nation. "Adding to the fragrance of friendship and cooperation. High Commissioner (Gopal Baglay) formally handed over 21,000 tonnes of fertiliser supplied under India's special support to the people of Sri Lanka," the Indian High Commission said in a tweet. This follows 44,000 tonnes supplied last month under Indian support totalling about USD 4bn in 2022," it said. "The fertiliser will contribute to food security and support the farmers of Sri Lanka. It demonstrates benefits to the people from close ties with #India and mutual trust and goodwill between #India and #lanka," the mission tweeted. In May, India assured Sri Lanka to immediately supply 65,000 metric tonnes of urea to avoid any disruption to the current Y
Mandaviya, who reviewed the progress of nano urea production and sales, directed his officials to include this product in the monthly supply plan of the states to reach more farmers.
The commissioning of new plants is expected to bring down import dependency to less than half the current levels
In the last two-and-a-half months, the government has identified leakages worth Rs 100 crore through various covert operations
Per year, about 1-1.2 million tonnes of urea meant for farming gets diverted towards industrial use, say officials
It can materially cut fertiliser import dependence
This is owing to rising domestic production, nano supplies
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
The US is not a major urea exporting country, and govt data shows that Indian imports from Washington in 2019-20 were only 1.47 tonnes
The rates are still considerably higher than the same period last year by almost 95.4 per cent
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.
Being highly subsidised, there is always a tendency to divert urea towards non-agriculture purposes
Fertiliser demand usually peaks between April and June for the kharif harvest; between October and December for the rabi sowing season
Fertiliser major IFFCO has been asked to do the groundwork on this
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
He also said that villages in Gujarat owe their prosperity to the dairy cooperative movement. The cooperative model is required for the development of villages, the prime minister said.
Both Moragoda and Kumar Chaturvedi discussed possible ways and measures to ensure that chemical fertilizers from India to Sri Lanka are supplied continuously under the existing Credit Line and beyond
Russia-Ukraine war leaves them prey to rising costs, supply disruptions even as administered prices are unchanged