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The union cabinet had approved the proposal of the department of fertilizers for nutrient-based subsidy (NBS) rates for phosphatic and potassic (P&K) fertilisers for Kharif Season - 2022, according to the statement
Photo Credit : PIB
Amid the pre-positioning of urea, DAP and NPK and other fertilisers supply, currently, we have more stock for a supply of fertilizers for this Kharif season than the demand, said the union minister of chemicals and fertilisers, Mansukh Mandaviya on Monday.
Mandaviya also advised states to keep providing farmers with adequate and accurate information regarding availability and to not create either a panic situation or misinformation related to fertiliser stocks.
Union agriculture minister Narendra Tomar, Mandaviya and the health and family welfare ministry jointly chaired a review meeting on the situation of fertilizers with the agriculture ministers of states and union territories.
The union cabinet had approved the proposal of the department of fertilizers for nutrient-based subsidy (NBS) rates for phosphatic and potassic (P&K) fertilisers for Kharif Season - 2022, according to the statement.
The subsidy approved by the cabinet for the NBS Kharif-2022 is Rs. 60,939.23 crore including support for indigenous fertiliser (SSP) through freight subsidy and additional support for indigenous manufacturing and imports of DAP.
Stressing the need to tackle the issues of malpractices like hoarding, black-marketing or diversion of fertilizers, the Mandaviya said that the government will take strict action in case of such scenarios.
He also urged states to make farmers aware of recent trends in the fertilisers market and alternate fertilizers and agriculture practices like the use of nano urea, and organic farming should be promoted.
The union minister also advised states to undertake micro-planning of fertilizer movement within the states strictly as per the requirement and do timely unloading of rakes for better utilisation of the rolling stock. States were also advised to do adequate prepositioning of fertilisers, especially in the co-operative channel.
While discussing the situation of fertilisers in India, Narendra Singh Tomar stated that the agriculture sector is a vital sector providing employment to a large population.
"We are committed to providing support for agriculture, which is a priority sector for us. Be it an investment, Kisan Credit Card, insurance schemes, crop diversification, or horticulture, we have always worked to strengthen this sector. In agricultural production, we are always leading and are a global leader," he said.
Fertiliser is an important component of agriculture production and our objective is to reduce import dependency on various fertilisers. Under the leadership of the prime minister, we are committed to ensuring the availability of affordable fertilizers to our farmers, he added.