Check excessive consumption of urea: Government to industryThis year's economic survey had also pointed out that government and farmers are together wastefully spending over Rs 8,500 crore on urea.
Budget 2014: Government to formulate new urea policyThere have also been growing concerns about the misuse of different types of fertilisers resulting in deterioration of the soil.
Economic Survey 2014: Government, farmers waste funds about Rs 8,500 crore on ureaFor every tonne of urea farmers pay maximum fixed price of Rs 5,360 per tonne, whereas government pays about Rs 11,760 per tonne as subsidy.
- Government likely to consider subsidy on P&K fertiliser tomorrow
The government is likely to consider tomorrow a proposal to fix subsidy on non-urea phosphatic and potassic fertilisers for 2013-14 fiscal.
- Cabinet likely to consider subsidy on P&K fertiliser tomorrow
The Cabinet is likely to discuss a proposal to fix the subsidy on non-urea phosphatic and potassic fertilisers for the 2013-14 fiscal.
Plan panel favours nutrient based subsidy on fertilisersAhluwalia said fertiliser prices should be variable in fixing NBS to balance the different kinds of nutrients so that there is a consistenc...
- Inflation in mind, urea price call deferred to Feb
Bringing urea under the NBS regime would also mean encouraging balanced use of fertilizers. At Rs 5,310/tonne, urea is the cheapest availab...
- Fertiliser cos could get Rs 2,700 cr in three years to improve efficiency
The proposal is being considered as part of a new regime for urea, which is primarily expected to benefit non-gas based plants.
- Free urea import for pvt sector to come with price catch
The government is likely to allow private sector to import urea freely, but will peg the domestic prices in a tight band around what it cos...
- Free pricing of urea to rationalise use: Panel
A committee set up by the government has suggested freeing the prices of urea and inclusion of the fertiliser in the new nutrient-based sub...
- Urea should be urgently brought under the free pricing regime: Panel
If adopted, the suggestion is likely to save substantial sums on urea subsidy for the government besides ensuring a more balanced use of so...
- Will the new nutrient-based subsidy help?
The new nutrient-based subsidy policy is finally effective from April 1, 2010. The subsidy will be admissible for the three macro nutrients...
- Not all cos may gain equally from NBS
The new nutrient-based subsidy policy (NBS) may not result in a win-win situation for all of the domestic fertiliser industry, a Crisil Rat...
- NBS CRISIL report adn extended analysis of impact on subsidy, industry profits
Fluctuating Price regime of the new Nutrient-based subsidy policy (NBS) is unlikely to mean a win-win situation for the domestic fertiliser...
- New fertilizer plan may not help soil: Experts
The new nutrient-based subsidy (NBS) regime cleared by the Union Cabinet on Thursday is likely to slash the government's subsidy bill and b...
- Coromandel International, Deepak Fertilisers, RCF,GNFC to benefit from NBS policy: SPA Securities
SPA Securities is of the view that new fertiliser policy based nutrient based subsidy is likely to benefit companies like Coromandel Intern...
- NBS regime milestone for both industry,government: India Infoline
India Infoline is of the view that the nutrient based fertiliser subsidy and hike in urea prices will are a significant milestones for both...