Government for promotion of domestic fertilizers
The Dollar Business Bureau The Minister of State for Chemicals & Fertilizers, Hansraj Gangaram Ahir, on Friday, informed about the government’s moves focused on the incentivization of the domestic production of fertilizers. According to the Minister, a study conducted by the Department of Fertilizers through Ernst & Young focused on the impact of Nutrition Based Subsidy (NBS). According to the findings of the study, the overall burden from the Phosphatic & Potassic (P&K) fertilizers declined, the availability of the same improved, and there has been a significant increase in prices payable by farmers for P&K fertilizers. The study further recommended that the prices of P&K fertilizers must be reasonable and the Indian players in mines should make a strategic investment ...
