Assurance comes ahead of PM Modi’s likely visit to China later this month and amid a rough patch in India-US ties. Beijing has restarted export of urea earlier this month.
Even as they deploy ministers, MLAs to control situation, Centre, states deny shortage. Experts blame lack of planning, slow increase in fertiliser subsidies for crisis in sowing season.
We rely on chemical fertilisers to grow our food, which are responsible for both greenhouse gas emissions and agricultural pollution, and are largely unaffordable for smallholder farmers.
India is a leading importer of fertilisers for its huge agriculture sector, which employs about half of its 1.4 billion people and accounts for nearly 15% of the $3 trillion economy.
Galvanising Organic Bio-Agro Resources Dhan scheme was launched in April 2018, but was beset by implementation gaps with ‘stakeholder ministries working in silos’.
By Nidhi Verma NEW DELHI (Reuters) - India will not need to buy fertiliser from the spot markets to meet local demand in the summer sown crop season starting from April, the country's fertilisers
Under new scheme, both public & private sector companies will be required to sell subsidised fertilisers under a single brand name, in uniform bags displaying scheme branding.
India, one of the top 4 buyers of urea, has provisioned 287 lakh metric tonnes for next 7 months. This comes as Russia's war on Ukraine has caused shortage of fertlisers.
The measures have been imposed to insulate the domestic market from higher international prices. But they could reduce incentives for producers to expand production in the long run.
Revenue loss from export crops like tea played a big part in Sri Lanka's rapid economic decline. For descendants of Tamil-bonded labourers, life is more difficult now.
With 20.2 percent of its total loans in default by the end of last year, Bangladesh had the weakest banking system in Asia. Despite reforms, it will take time to recover.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
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