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Pradeep Kumar

29/06/21 09:00 AM IST

Aatmanirbhar in Phosphatic Fertilisers

In news

India to become Aatmanirbhar in Phosphatic Fertilisers

Highlights
  • An Action Plan was chalked out for making India Aatmanirbhar in fertiliser production through indigenous resources. 
  • Discussion and planning with Department of Mining and Geological Survey of India is going on to expedite the exploration in the potential potassic ore resources in Rajasthan’s Satipura, Bharusari & Lakhasar and Uttar Pradesh, Madhya Pradesh, Rajasthan, Gujarat, Andhra Pradesh & Karnataka.
  • The Action Plan included the steps to minimize the import dependency of costly raw material imported from abroad and make it accessible and affordable to farmers.
  • Rock Phosphate is the key raw material for DAP and NPK fertilisers and India is 90% dependent on imports.
  • Volatility in international prices affects domestic prices of fertilisers and hinders the progress and development of agriculture sector in the country.
Phosphatic and Potassic (P&K) Policy
  • Concession scheme/nutrient based subsidy policy for decontrolled Phosphatic & potassic fertilizers.
  • Government of India decontrolled Phosphatic and Potassic (P&K) fertilizers with effect from 25th August 1992 on the recommendations of Joint Parliamentary Committee.
  • Consequent upon the decontrol, the prices of the Phosphatic & Potassic fertilizers registered a sharp increase in the market, which exercised an adverse impact on the demand and consumption of the same.
  • It led to an imbalance in the usage of the nutrients of N, P & K (Nitrogen, Phosphate and Potash) and the productivity of the soil. 
  • The basic purpose of the Concession Scheme and Nutrient Based Subsidy Policy has been to provide fertilizers to the farmers at the subsidized prices.
  • Initially, the ad-hoc Concession Scheme was introduced for subsidy on DAP, MOP, NPK Complex fertilizers. 
Source: PIB

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