Agro-Chemicals Fertilizers

Centre assuage fear about fertilizer shortage, urged farmers not to stockpile

Centre assuage fear about fertilizer shortage urged farmers not to stockpile

To assuage concerns about a fertilizer shortage, Union Minister for Chemicals and Fertilisers Mansukh Mandaviya stated that the availability of nutrients will exceed the demands of the states and union territories. He has also urged farmers not to stockpile fertilizer.

According to a ministry statement, Mandaviya met with officials in Delhi on Monday to review the availability targets for November and denounced the shortage claims.

Also Read: ICRA predicts that global fertilizer prices will rise as China suspends exports

Supply will outnumber demand

According to the statement, while the demand for urea is 41 lakh tonnes, We make sure that about 76 lakh tonnes of urea will be available for the farmers. Similarly, 18 lakh tonnes of DAP (Diammonium phosphate) will be made available, with a demand of 17 lakh tonnes projected. According to the Ministry, the availability of 30 lakh tonnes of NPK (Nitrogen, Phosphorus, Potassium) will exceed the demand of 15 lakh tonnes.

The Union Minister urged all farmers not to stockpile fertilizer. He asked them not to listen to rumor mongers. He warned that those who engage in fertilizer black-marketing using false claims as a shield would face harsh punishment.

Mandaviya promised that the Centre is constantly monitoring fertilizer production, imports, and movement in the country and that adequate arrangements are in place to ensure that farmers receive an adequate quantity.

Additional financial assistance

The government announced an additional fertilizer subsidy of ₹28,655 crores for the rabi season last month. The move was intended to compensate for the rise in international prices.

Also Read: Nano urea can increase crop yields and save up to 50% of nitrogen & soil health

Meanwhile, rabi sowing has increased in the northern states, with planted acreage up 1.8% to 43.29 lakh hectares as of October 29. Higher residual soil moisture left by prolonged monsoon rains is assisting farmers in sowing winter crops such as wheat and mustard, among others.

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