Chemicals and Fertilisers Minister D V Sadananda Gowda said the size of the industry is likely to grow to $300 billion by 2025
Shares buck the market trend, advance between 3 to 8 per cent on Thursday
This is due to intense agricultural activities and fertilizer production there, according to researchers at The Indian Institute of Technology (IIT) Kharagpur.
Chambal Fertilisers may rally towards Rs 240 if it sustains above Rs 200 levels.
An additional outlay of Rs 10,000 crore will be provided for PM Garib Kalyan Rozgar Yojana
Estimates say a 25.1% fall in natural gas prices, which makes up 50-80% of raw material cost in urea, could lead to a 12% in manufacturing cost; 28 of 31 urea plants in India are gas-based
Chemicals and Fertilisers Minister D V Sadananda Gowda on Wednesday launched the home delivery facility of fertilisers for farmers in Andhra Pradesh. Gowda launched POS 3.1 software, SMS Gateway and home delivery facility of fertilisers for farmers in Andhra Pradesh, an official statement said. The minister said the DBT (direct benefits transfer) system was launched on March 1, 2018, on a pan-India basis that has been working well. He said the fertiliser department has successfully implemented a complex system of end-to-end computerisation of movement of fertiliser in the entire country. The system enables to monitor availability of fertiliser on a real-time basis at state, district and at the retail outlet. The entire fertiliser subsidy for the last two years have been disbursed through this system, the statement said. Gowda complemented Andhra Pradesh Chief Minister Y S Jaganmohan Reddy for the excellent work done by his government in home delivery of fertiliser. In fact, Andhra
Here's how fertiliser sector stocks look on the charts and what should be your trading strategy
Rising gas demand, new fertiliser plants to drive earnings
Agriculture was expected to be the only silver lining in the economy in the current financial year
The company's PAT for the corresponding period of the previous fiscal stood at Rs 97.91 crore, it said in a BSE filing.
The proposed move seeks to promote balance between chemical and organic fertilisers
As of now, the proposal on the table is to consider direct benefit transfer to farmers for food and fertilizer subsidies, sources said
Of the total budgetary allocation, the government had released nearly 84 per cent by the end of October 2019, it said
It is imperative to reorient fertiliser policies to facilitate development of innovative and situation-specific products
The government should first decontrol fertiliser prices to let farmers pick and choose, analysts say
Sujit Gulati estimated farmer buying the underweight 50 kg fertilizer bags lighter by 400 gram to 500 gram potentially lose Rs 14 per bag, taking the total loss to farmers at roughly Rs 16 lakhs