If the prevailing high temperatures continue through March, the rabi wheat crop will be impacted and yields would at best be on a par — or marginally lesser — than last year’s low, said CRISIL MI&A Research in an impact note issued today. “In Uttar Pradesh, which accounts for about 30% of India’s wheat production, … Read more
The government on Wednesday approved a subsidy of Rs 60,939.23 crore for phosphatic and potassic (P&K) fertilisers, including DAP, for the first six months of this fiscal, as part of its efforts to provide soil nutrients to farmers at an affordable price. The Union Cabinet has approved nutrient-based subsidy (NBS) rates for Phosphatic and Potassic … Read more
The government on Saturday decided to make changes to the existing nutrient based subsidy (NBS) policy to promote domestic production of phosphatic and potassic (P&K) fertilisers amid a sharp rise in global prices. A decision in this regard was taken in a high-level meeting chaired by Union Minister for Chemicals and Fertilizers Mansukh Mandaviya. In … Read more