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Archive for the ‘Fertiliser’ Category

Freight Rate Hike By Railways

October 21, 2011 Leave a comment

A circular issued by Indian Railways last week shows that the season levy is increased to 10% from 7% announced in March 2011. This levy is in addition to normal tariff and is applicable to most goods transported during October-March that is considered busy season for railways. In March 2011, railways had levied a busy season charge of 5% on coke and coke group and 7% on all other commodities. Containerised cargo and certain automobile traffic continue to be exempt from this levy.¬† Read more…

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Categories: Cement, Coal, Fertiliser, Railways

Fertiliser subsidy to rise further

February 25, 2011 Leave a comment

The Empowered Group of Ministers (EGoM) on fertilisers approved the prices of complex fertilisers for the financial year 2011-12.

The EGoM, headed by Finance Minister Pranab Mukherjee, approved the prices of di-ammonium phosphate (DAP), muriate of potash (MOP), sulphur and urea for the purposes of its nitrogen component at $580, $390, $180 and $350 per tonne, respectively. These are the prices at which contracting by the industry would be done for the whole financial year of 2011-12 under the Nutrient Based Subsidy (NBS) policy that was implemented for complex fertilisers from April 1, 2010.

However, the farm gate prices of these complex fertilisers would remain nearly at the same level Read more…

Fertiliser Industry in India: Aftermath of NBS Policy

September 9, 2010 Leave a comment

While the government has implemented the Nutrient Based Subsidy (NBS) Policy, urea consumption still remains high. Read more…

Categories: Agriculture, Fertiliser