യൂറിയയുടെ വില നിയന്ത്രണത്തിലുള്ള തീരുമാനങ്ങൾ ഇന്ന് ചേരുന്ന മന്ത്രിമാരുടെ സമിതി തീരുമാനിയ്ക്കും.
ഇതുമായി ബന്ധപ്പെട്ട ചില വിവരങ്ങൾ:
The group of ministers would discuss today over the issue of urea decontrol and its movement , which constitutes around half of India's fertiliser consumption.
As per sources the GOM might refrain from taking any concrete steps considering its adverse impacts on the farmers.
With the introduction of the nutrient-based subsidy scheme that came into effect from April 2010, the government had freed the potassic and phosphetic fertilisers. However, it retains control over the price and movement of urea, which constitutes around half of India's fertiliser consumption.
At Rs 5,310 per tonne, urea is the the cheapest available fertiliser among others. Ministry sources said that government is likely to increase the price by 2-5 per cent per tonne to provide some relief to the manufacturers and offset the indiscriminate use of the fertiliser.
Moreover, sources said, the government would like to take a calibrated approach considering the impending assembly elections in West Bengal and Tamil Nadu.
The fertiliser industry has been pressing the government to decontrol the urea sector saying that the measure would encourage entrepreneurs to invest in the sector.
The Fertiliser Department, however, fears that decontrol would not be fair for all manufacturing units in the existing heterogeneous urea industry where production cost differs from one unit to the other.
The cost of urea production depends upon plant vintage, feedstock and the level of energy consumption.
The Fertiliser Department thus favours an extension of the existing New Pricing Scheme (NPS)-III for urea with some modifications, which include fixing a price band and allowing domestic industry and importers to sell the fertiliser within that band.
India's urea output is around 21 million tonnes, while the demand is 26 million tonnes. The gap is met through imports.
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ഉദയൻ മുഖർജിയുടെ ഊഹങ്ങൾ: CNBC-TV18's Managing Editor Udayan Mukherjee hopes the GoM meet on fertiliser policy happens. However, he doesn’t expect path-breaking reforms. “Don’t expect too much because the kind of mood that has prevailed in Delhi is not very conducive for path-breaking reforms just yet.”
I hope the GoM meet on fertiliser policy happens. If it does, you probably should expect or go in with lighter expectations. Just say changes might be incremental and not path-breaking or dramatic. And then the room for disappointment is less because you have had a couple of occasions in the past where there has been a build up to some kind of a government meeting and only for stocks to sell off after that. So, today you go in with your fingers crossed and say okay, we will get something incremental which is probably a little bit tinkering on the urea MRP, maybe a little bit of additional subsidy being dolled out on the fixed cost. At best, some kind of timeline for some more decontrol or if you are lucky, you will get some kind of concrete details on the investment policy for urea. But don’t expect too much because the kind of mood that has prevailed in Delhi is not very conducive for path-breaking reforms just yet.
A slight promise with a little bit of tinkering, I think, is what should be on the expectation radar. If that is delivered, it will be neutral to positive and that is good enough.
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With the introduction of the nutrient-based subsidy (NBS) scheme that came into effect from April 2010, the government had freed the potassic and phosphetic fertilisers. However, it retains control over the price and movement of urea, which constitutes around half of India's fertiliser consumption.
At Rs 5,310 per tonne, urea is the the cheapest available fertiliser among others. Ministry sources said that government is likely to increase the price by 2-5 per cent per tonne to provide some relief to the manufacturers and offset the indiscriminate use of the fertiliser.
Meanwhile, sources in the Ministry said that though the GoM would discuss the urea decontrol issue, it might refrain from taking any concrete steps considering its adverse impacts on the farmers.
Moreover, sources said, the government would like to take a calibrated approach considering the impending assembly elections in West Bengal and Tamil Nadu.
The fertiliser industry has been pressing the government to decontrol the urea sector saying that the measure would encourage entrepreneurs to invest in the sector.
The Fertiliser Department, however, fears that decontrol would not be fair for all manufacturing units in the existing heterogeneous urea industry where production cost differs from one unit to the other.
The cost of urea production depends upon plant vintage, feedstock and the level of energy consumption.
The Fertiliser Department thus favours an extension of the existing New Pricing Scheme (NPS)-III for urea with some modifications, which include fixing a price band and allowing domestic industry and importers to sell the fertiliser within that band.
India's urea output is around 21 million tonnes, while the demand is 26 million tonnes. The gap is met through imports.
