‘No proposal to hike urea price’
9 July 2014 11:12 PM GMT
There is no proposal to hike price of urea and the government will continue to provide subsidy to farmers for the soil nutrient, the Lok Sabha was informed on Tuesday. Chemicals and Fertilizers Minister Ananth Kumar said while the demand for urea is 31 million tonne, the country produces only 22 million tonne. The rest is imported. He said there will be no shortage of urea at subsidised rates for the farmers.
He said the government is in the process of acquiring assets in various countries, including Russia and Canada, through joint ventures so that ‘near’ self reliance can be achieved.
India already has joint ventures with Oman, Senegal, Jordan and Morocco in the fertiliser sector. The minister said there was a need to educate farmers to use micro nutrients and shift to organic manure.
He said the government is in the process of acquiring assets in various countries, including Russia and Canada, through joint ventures so that ‘near’ self reliance can be achieved.
India already has joint ventures with Oman, Senegal, Jordan and Morocco in the fertiliser sector. The minister said there was a need to educate farmers to use micro nutrients and shift to organic manure.
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