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Union Chemicals and Fertilisers Minister Mansukh Mandaviya has said there is no shortage of crop nutrients in the country and asserted that there will be no hike in the prices of non-urea products. Mandaviya also said that Nutrient Based Policy (NBS) for Phosphatic and Potassic (P&K) fertilisers for the Rabi season (October 2022 to March 2023) will be announced shortly.

He mentioned ‘We will not allow any increase in retail prices of DAP (Di-ammonium Phosphate) and other non-urea fertilisers.’ He added that the government would absorb the burden of high global prices. Earlier, the minister projected that the government's fertiliser subsidy would be between Rs 2.25-2.5 lakh crore this fiscal as against Rs 1.62 lakh crore in the last financial year.

Besides, he also said that farmers are increasingly adopting nano liquid urea, which is good for soil health as compared to the conventional urea. Nano urea has been launched in the country by cooperative major IFFCO. At present, the country's urea (conventional) production is 260 lakh tonnes while around 90 lakh tonnes are imported to meet the local demand.