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FIXED COST OF UREA
From India to China, a look at what governments worldwide are doing to shield households from rising energy costsGovernments globally are implementing diverse strategies to mitigate soaring energy costs stemming from the U.S.-Israeli war on Iran. Measu...
India needs to reduce the strategic importance of fertilisers through a bold agricultural policyGlobal events like the West Asia conflict and El Nino threaten governments. Rising fertilizer prices create a fiscal and political crisis f...
India to be self-sufficient in urea by 2025 end; output of conventional & nano urea rising: GovtThe minister said around 60 lakh tonnes of production capacity will be added for conventional urea, while the output of nano urea is estima...
Cheaper gas to cut urea subsidy bill; to boost profitability of urea makers: Crisil RatingsA steep fall in gas prices in sync with crude oil will reduce the urea subsidy bill of the government by a fourth, or over Rs 12,000 crore,...
Urea may come under NBS before direct cash transferFixing NBS rate for urea will encourage balanced use of urea and bring in efficiency in the fertiliser industry by infusing competition. Th...
Fertiliser subsidy arrear drops to Rs 23,000 crore: Ananth KumarThe direct benefit transfer (DBT) for fertiliser subsidy, which is being implemented in some states, will be rolled out across the country ...
Fertiliser subsidy arrear seen at Rs 40,000 crore by next MarchThe government sets the maximum retail price of urea. The difference between the cost of production and the retail price is reimbursed to m...
No proposal to deregulate urea: GovernmentHowever, the government had decontrolled Phosphatic & Potassic (P&K) fertilisers in April 2010 and implemented Nutrient Based Subsidy (NBS)...
Fertiliser Ministry to seek special banking arrangement for subsidy paymentIn the interim budget, the government had allocated Rs 65,970 crore for fertiliser subsidy against the estimated bill of Rs 1.05 lakh crore...
Poll Panel approves hike in fixed cost of urea by Rs 350/tonneThe EC has given its approval to govt's decision for increase in fixed cost of urea, but there will not be any hike in the selling price.
CCEA hikes fixed cost of urea, modifies investment policyIt also approved changes to the policy that aims at encouraging new investment in the urea sector by removing 'guaranteed buyback' clause.
Ministerial panel recommends hike in fixed cost paid for ureaA ministerial panel recommended increase in fixed cost paid to urea by Rs 350 per tone but there will be no increase in the rate of crop nu...
GoM over urea pricing policy to meet this weekFertiliser Ministry has moved a proposal to raise the fixed cost of production of urea by 350 per tonne by taking base year as 2008-09.
Fertiliser Ministry mulling hike in urea fixed cost; subsidy may riseFertiliser subsidy on urea may go up by Rs 350 per tonne as fertiliser ministry is seriously considering industry's demand to raise fixed p...
Fertiliser Ministry open to urea price hikeFertiliser Ministry will not oppose increase in urea prices provided it is in the interest of farmers and balanced use of soil nutrients, U...
- Srikant Jena red-flags his ministry's proposal on urea pricing
Sources said the minister has demanded a detailed study of entire production and updation of fixed costs of all urea units till this year.
- Government aims to incentivise non-gas based fertilizer units
Govt pushed through a decision that aims to further incentivise non-gas based fertilizer units to convert to gas-based units under the New ...