No rise in urea price, no cut in govt subsidy: Ananth Kumar Centre in constant touch with states for adequate fertilisers supply

DrAmar Nathgiri shared a link.

Good step Sir , We must have to be self dependent on urea production any how , you can ask to all state chief minister to extend help to fertilizer industry as per their role .
http://dramarnathgiri.blogspot.in/2014/07/no-rise-in-urea-price-no-cut-in-govt.html — with Rajnath Singh and Narendra Modi.

No rise in urea price, no cut in govt subsidy: Ananth Kumar | EHSQ (Environment,Health,Safety...

dramarnathgiri.blogspot.com

BS Reporter | Mumbai

July 5, 2014 Last Updated at 00:44 IST

Union Minister for Chemicals, Petrochemicals and Fertilisers Ananth Kumar on Friday announced that the central government had no plans to increase the prices of urea nor was there any move to cut subsidies.

“Urea is currently controlled and priced at Rs 5,360 a tonne. On the other hand, decontrolled phosphatic and potassic fertilisers are priced in the open market. I want to assure farmers that there won't be any increase in urea price. Besides, the government does not have any plans to cut fertiliser subsidy,” Kumar said at a chemical industry function here.

He indicated that his ministry had sought rationalisation of taxes and more incentives in the forthcoming Budget for the chemicals, petrochemicals and fertilisers sector.

Kumar’s announcement is important as the Centre had earlier estimated the fertiliser subsidy at Rs 67,970 crore for 2014-15. Further, the Fertiliser Association of India has projected the subsidy burden to rise to Rs 100,000 crore.

Kumar also assured that there would not be any fertiliser shortage in the country. He added that he had been video conferencing with states every week to meet their requirements.

According to Kumar, his ministry had proposed to revive the Talcher, Ramagundam and Sindri units to boost the production of domestic urea.


80% chance of drought in north-west, 75% in central India, says Skymet 0 Comments Author(s): Vani Manocha @vani_taurus Date:Jul 4, 2014 El Nino the biggest factor contributing to the weak monsoon, said the private weather forecaster July is a crucial month for sowing summer cropsPrivate weather forecaster Skymet on Friday lowered its forecast for the monsoon rain and raised the probability of drought. The rainfall forecast has been reduced to 91 per cent of average rainfall of last 50 years against earlier projection of 94 per cent. The figure, if in the range of 96-104 per cent, is considered normal. The chances of normal rain have been reduced from 34 per cent to 10 per cent. “The odds of a drought are 60 per cent now, compared with 25 percent in April,” Skymet’s chief executive Jatin Singh said in New Delhi on Friday. The worst chance of drought is expected to be felt in the northwest India at 80 per cent, followed by central India at 75 per cent and south at 50 per cent. “Monsoon remains in India from June to September, of which August is expected to be the best,” according to Skymet. India received scantiest of rainfall in June in five years. The rainfall was 42 per cent below normal, making it the worst first month since 2009 and one of the worst in 100 years. Inflation fears The weak start to this year’s monsoon has already pushed the new government to take rapid steps including raids against hoarders and work on contingency plans. The weather agency has predicted that the country may get 98 per cent of average rainfall this month. July is a crucial month for sowing summer crops, and the timing, distribution and volume of monsoon rains are important for the planting of crops such as rice, oilseed, sugar cane and cotton. The ongoing crisis in Iraq and the speculations over increasing prices of oil in international market has sparked inflation fears. Also read: Pray before you sow El Niño impact? The forecaster has also predicted a rise in El Niño conditions that are caused by the periodic warming of the tropical Pacific, is associated with warmer-than-average years in South Asia. Australia’s Bureau of Meteorology had earlier this week said that all climate models indicated an El Niño likely to develop around September, and there was a 70 per cent chance of the pattern this year. Skymet experts said that although El Niño reaches its peak in December-January, it is already affecting the Indian monsoon. “It’s not the only factor, but the biggest factor contributing to the weak monsoon this year is definitely El Niño which has consistently grown stronger,” said Jatin Singh, chief executive of Skymet.