No proposal to hike urea price: Govt

Tags: urea price, News
There is no proposal to hike price of urea and the government will continue to provide subsidy to farmers for the soil nutrient, the Lok Sabha was informed today.

Chemicals and Fertilizers Minister Ananth Kumar said while the demand for urea is 31 million tonne, the country produces only 22 million tonne. The rest is imported.

He said there will be no shortage of urea at subsidised rates for the farmers.

Responding to supplementaries, he said there is no proposal to hike urea prices and subsidy will continue to be provided for the nutrient to the farmers.

He said the government is in the process of acquiring assets in various countries, including Russia and Canada, through joint ventures so that "near" self reliance can be achieved.

India already has joint ventures with Oman, Senegal, Jordan and Morocco in the fertiliser sector.

The minister said there was a need to educate farmers to use micro nutrients and shift to organic manure.

He said the proposed Haldia-Jagdishpur GAIL gas pipeline will help fertiliser plants in various states in their respective revival plans.

While 46 mmbtu of gas is required for fertilizer plants, only 31 mmbtu is available in the country at a cost of USD 4.2 per mmbtu. He said the gas is imported at a high cost.

Referring to various steps undertaken by the government to ensure adequate supply of subsidised chemical fertilizers to farmers, he said month-wise demand is assessed and projected by the Department of Agriculture and Cooperation in consultation with the state governments before commencement of each cropping season.

Based on the projects, the Department of Fertilisers allocates sufficient quantity of fertilizer to states by issuing monthly supply plan and continuously monitors the availability.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • India must follow China on its path to the future

    There are many theories, real and imagined, doing the rounds in the national and international media about Barack Obama’s overtures to ‘rebalance

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Arun Nigavekar

Will the adventurous UGC succeed?

The impact of the Modi government on the education sector ...

Zehra Naqvi

The urge to tell stories

One wants to tell a story, like Scheherzade, in order ...

Dharmendra Khandal

Don’t interfere with nature

Just before we celebrated the news of tiger numbers swelling, ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture