02-09-2022 12:37 PM | Source: Accord Fintech
Centre asks fertiliser companies to manufacture extra DAP to meet domestic need: Mansukh Mandaviya
News By Tags | #248 #3897

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

https://t.me/InvestmentGuruIndiacom

Download Telegram App before Joining the Channel

Stating that there is a ‘comfortable’ supply of DAP fertiliser for the ongoing rabi season, Fertiliser Minister Mansukh Mandaviya has said that the Centre however has asked companies to manufacture additional quantity of DAP at no-profit-no- loss basis to meet the requirement.  DAP (Di ammonium Phosphate) is the most widely consumed fertiliser after urea in the country. Domestic production of DAP reached 34.35 lakh tonne and imports were at 42.56 lakh tonne till January of the ongoing fiscal year.

Mandaviya said there is no ‘acute shortage’ of DAP in the country. However, he said in between the season, some states had highlighted the shortfall of DAP particularly in a few districts. Accordingly, based on state governments requests, the Centre has moved the DAP rakes to meet their requirement. But, he said the overall availability of DAP fertiliser in the country is comfortable during the ongoing rabi (winter) season of 2021-22(crop year July-June).

Highlighting steps taken to boost DAP supply, the minister said over and above the ongoing production of DAP, the ministry has instructed the companies to manufacture additional DAP by using the NPK stream on a no-profit-no-loss basis so that the demand of the farming community is adequately met. He also said said the ministry has put in place a roadmap to ensure regular and sufficient supply of raw materials and finished fertiliser from various countries under a long-term agreement.