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Fertiliser
subsidy
·
On August
20, 2008 GoI
decided to
release Rs
22,000-cr
subsidy in
cash to the
fertiliser
industry
this fiscal,
apart from
the
budgetary
allocation
of Rs 32,000
crore
·
GoI is
buying urea
at Rs 26,000
a tonne
while
selling to
farmers at
Rs 4,830 a
tonne.
-
Similarly,
the
government
is buying
DAP at Rs
56,000 a
tonne
while
selling it
at Rs
9,300 a
tonne and
potash at
Rs 36,000
a tonne
against Rs
4,800 per
tonne
·
The eGoM has
already
decided to
give top
priority to
the
fertiliser
sector in
allocation
of gas, as
the revival
of closed
plants
depend on
gas
availability.
·
India
requires a
total of 95
mmscmd gas
for the
fertiliser
plants,
including
the eight
closed
units.
·
Out of our
current
requirement
of 41 mmscmd
for the
gas-based
units, we
are getting
29 mmscmd
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