Time for the industry to operate in a competitive environment?
Jan 10: The urea sector needs reforms to allow urea plants to operate in a competitive environment free from stifling controls. Reforms have to be carried out at two levels, one at the level of fertilizer producer and another at the level of farmers. 8At farmers level the present DBT scheme should be taken to its logical conclusion that is, transferring the subsidy directly to the account of farmers. 8In case of phosphatic and potassic (P&K) fertilizers which are also called complex fertilizers, India has production capacity sufficient to meet the entire demand of the country. However, capacity utilization of 19 plants in the country remains poor. Click on Report for more