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Govt issues guidelines to evaluate reasonableness of non-urea fertiliser prices

For importers of P&K fertilisers, including di-ammonium phosphate (DAP) and Muriate of Potash (MoP), the profit margin allowed is 8 per cent. It has permitted 10 per cent profit for manufacturers and 12 per cent for integrated manufacturers. Unreasonable profit earned by the company will have to be refunded, or else it will be recovered by the ministry or adjusted with the future subsidy payment, as per the guidelines.

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Govt to tweak subsidy policy to promote local production of P&K fertiliser

A decision in this regard was taken in a high-level meeting chaired by Union Minister for Chemicals and Fertilizers Mansukh Mandaviya.

Fertiliser sales likely to remain marginal lower in FY22: ICRA

In a release issued by ICRA it said that primary fertiliser sales volume during the first four months of FY2022 has registered an 11% decline compared to the same period of FY2021, mainly due to the base effect, as during H1 FY2021, fertiliser sales witnessed an upsurge owing to panic buying by farmers following Covid-19 pandemic led lockdown.

No increase in P&K fertiliser prices for now; govt keeping close eye on global rates: D V Sadananda Gowda

›No increase in P&K fertiliser prices for now; govt keeping close eye on global rates: D V Sadananda Gowda No increase in P&K fertiliser prices for now; govt keeping close eye on global rates: D V Sadananda Gowda SECTIONS No increase in P&K fertiliser prices for now; govt keeping close eye on global rates: D V Sadananda GowdaPTI Last Updated: Apr 13, 2021, 04:05 PM IST Share Synopsis ​​ Practically, there won t be any increase in present rates of P&K fertilisers. I had a discussion with top manufacturers yesterday. We asked them not to increase the prices at this stage and they agreed, Gowda told reporters.

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