Friday, 10 August 2012

Production and Consumption of Fertilizers


The details of Production and Consumption of fertilizers in the country during last three years are given below:
                                                                                                                                <Figures in Lakh MT>
Year
Name of the product
Production
Consumption
2009-10
Urea
211.12
264.47
DAP
42.47
103.91
NPK
80.38
82.02
MOP
-
46.73
2010-11
Urea
218.81
282.10
DAP
35.37
112.68
NPK
87.27
102.98
MOP
-
38.90
 2011-12
Urea
219.84
290.37
DAP
39.63
111.85
NPK
77.70
113.63
MOP
-
29.90

                The names of the various countries from which fertilizers have been imported by the Government to meet the demand are given below:-

Bahrain, Bangladesh, China, CIS, Egypt, Indonesia, Iran, Kuwait, Lithuania, Malaysia, Oman Qatar, Romania, Russia/FSU, S. Arabia, UAE and Vietnam. 
                Government is always encouraging production of urea in the country to achieve self-sufficiency.  The Government had announced a new policy of urea on 4thSeptember, 2008 to attract new investments.  The policy is based on Import Parity Price (IPP) benchmark with suitable floor & ceiling prices aiming to revamp, expansion revival of existing urea units and setting up of Greenfield projects.  The revision in this policy is under consideration.  The country is almost fully dependent on imports to meet the requirements of phosphatic and potassic fertilizers.  Government has taken initiatives to encourage indigenous production in P&K sector by allowing import parity price to the indigenous manufacturers.  Government has also reduced the custom duty on phosphoric acid from 5% to 2% to enable indigenous manufacturers of P&K fertilizers to acquire this important input at reasonable price.  Government is also encouraging private sector and public sector companies to explore the possibilities for joint ventures abroad to ensure uninterrupted supply of fertilizers inputs to P&K sector. 
This information was given by the Minister of State for Chemicals and Fertilisers, Shri Srikant Kumar Jena in a written reply in the Lok Sabha today. 


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