It was already struggling with huge subsidy dues. And the Budget cut allocation by a huge 11 per cent.

Out of this, Rs 20,853 crore is under DBT (Direct Benefit Transfer) and balance Rs 12,838 crore is other than DBT. FAI also pointed out tha...

Sadananda Gowda assured the industry that the government would try to address all the issues raised by the industry expeditiously.

The direct benefit transfer (DBT) for fertiliser subsidy, which is being implemented in some states, will be rolled out across the country ...

The Rs 10,000-crore special banking arrangement announced by the government for fertiliser companies in February also helped, analysts and ...

The SBA, under which fertilizer companies can take loans against subsidy receivables, would help the industry meet its fund requirements ti...

"I have already written to Finance Minister to allow special banking arrangement for Rs 20,000 crore to clear old dues. I had a meeting wit...

The government sets the maximum retail price of urea. The difference between the cost of production and the retail price is reimbursed to m...

The fertiliser subsidy has pegged at Rs 70,000 crore for 2016-17, lower than Rs 72,437.58 crore estimated for this financial year.

In a pre-Budget meeting with the finance minister, the fertiliser industry today pitched for direct transfer of urea subsidy to farmers and...

The minister said urea production in the country is expected to rise this year after a gap of 15 years, growing 7% to a 24 million tonnes, ...

Urea production is expected to rise by 7 per cent to a record 24 million tonnes this fiscal and help reduce the country's import dependence...

The Fertilizer Ministry has sought more than Rs 25,000 crore from the Finance Ministry for making subsidy payments to domestic urea manufac...

The Fertiliser Association of India (FAI) today demanded timely payment of subsidy to manufacturers as well as simplification of procedures.

Fertiliser Ministry has sought additional funds to clear the subsidy arrears of fertiliser manufacturers estimated at over Rs 30,000 crore,...

FAI has appealed to "intervene" and help with some arrangements including Special Banking Arrangement of funds to tide over liquidity crisi...

Fertiliser subsidy arrears at the end of 2013-14 are estimated at Rs 30,000 crore, the same as the previous year's level.