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Fertilizer subsidy for FY12 at Rs 74,169 Cr: Govt

India Infoline News Service/ 18:50 , Apr 27, 2012

Since other fertilizers are decontrolled, their cost of production & import is not monitored by the department.

Urea, DAP & NPK are produced in the country and their annual quantum produced along with percentage of indigenous production as compared to the total consumption (sale) during the year 2011-12 is given in the table below:-


Product Consumption (Sales) Lakh MTS Indigenous Production Lakh MTS % age of indigenous production
Urea 292.74 219.84 75.10
DAP 111.87 39.63 35.43
MOP 29.79 0.00 0.00
NPK 113.75 77.70 68.31


The average cost of indigenous production of Urea is Rs. 14546 PMT & while average cost of imported urea is approximately Rs. 20513 PMT (taking US$ at the Rate Rs. 50).  Since other fertilizers are decontrolled, their cost of production & import is not monitored by the department.  


This information was given by the Minister of State for Chemicals and Fertilisers, Srikant Kumar Jena in a written reply in the Rajya Sabha today.

 



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