Centre directs fertiliser firms not to hike price of non-urea fertilisers
PTI
New Delhi |
Updated on
April 09, 2021
Mansukh Mandaviya× The Centre on Friday directed fertiliser companies not to increase the maximum retail price (MRP) of non-urea fertilisers such as DAP and asked them to sell at old rates.
A direction in this regard was issued to fertiliser companies in a high-level meeting on Thursday in the wake of an increase in domestic retail prices of non-urea soil nutrients in line with the global market.
Retail prices of non-urea fertilisers such as di-ammonium phosphate (DAP), Muriate of Potash (MoP) and NPK are decontrolled and are determined by manufacturers, while the Centre gives them fixed subsidies each year.
Govt tells fertiliser companies to not raise prices, sell at old rates
The statement comes after fertiliser companies, including the country s largest seller Indian Farmers Fertiliser Cooperative (IFFCO), raised prices by up to 58 per cent after rates of potash and phosphate jumped in the international market
BusinessToday.In | April 9, 2021 | Updated 22:11 IST
The government on Friday told fertiliser companies to roll back back the hike in maximum retail price (MRP) of non-urea fertilisers after some companies raised prices this week. It has been decided that in the present circumstances there shall be no immediate increase in prices of fertilisers, said Mansukh Mandaviya, Union Minister of State for Chemicals and Fertilisers.
Sagarmala project can enable Odisha to emerge as major logistics destination, says Naveen Patnaik ANI | Updated: Apr 08, 2021 10:43 IST
Bhubaneswar (Odisha) [India], April 8 (ANI): OdishaChief MinisterNaveen Patnaik on Wednesday chaired the first meeting of the State Sagarmala Committee and said that the project can further enable Odisha to emerge as a major logistics destination. The Port-led development through industrialisation and connectivity is a major focus of Sagarmala projects. We will also be prioritising the Coastal community development as an integrated part of this initiative, said Patnaik.
The Sagarmala Project has a vision for port-led development across the coast of India. It aims at port modernisation, port connectivity, port led industrialisation and coastal community development. The projects under this program will get 50 per cent funding from the Centre.
IFFCO, other firms hike fertiliser prices citing costlier raw materials
April 08, 2021
× Fertiliser companies have raised the prices of potash and phosphatic nutrients citing higher raw material prices.
Companies such as IFFCO, India Potash Ltd. and Paradeep Phosphates Ltd. have announced a hike or their intention to review prices. Farmers’ organisations have opposed the hike, saying it could increase their input costs and, in turn, lead to inflation.
Though the hike in fertiliser prices could result in higher inputs cost for farmers, it remains to be seen if the Centre will cover the hike in its fertiliser subsidies to the growers. It is likely to announce a nutrient-based subisdy for the current fiscal before sowing for the Kharif season begins. Fertilisers account for the second highest expenditure for farmers after diesel. Fertiliser companies attribute the rising trend in farm nutrient prices to the hardening of raw material prices globally and also due to the availabi
Odisha CM chairs first meeting of State Sagarmala Committee pakistantelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pakistantelegraph.com Daily Mail and Mail on Sunday newspapers.