New Delhi, April 8 (IANS) The government announced on Wednesday that, based on available inventory and scheduled LNG cargo arrivals, the overall gas allocation to fertiliser plants is being further enhanced by 5 per cent to reach approximately 95 per cent of their six-month average consumption, with effect from April 9.The announcement comes in the wake of the ceasefire between the US and Israel, which is expected to open up the Strait of Hormuz for ships stranded in the Persian Gulf to sail thr…
Latest P&K Fertilisers News & Updates
New Delhi, Dec 31 (IANS) The government’s total fertiliser subsidy outgo is expected to remain substantial at around Rs 1.9 lakh crore in FY27, marking a major fiscal commitment to ensure affordability and availability of fertilisers, a report said on Wednesday.The report from ICRA forecasted that fertiliser sales volumes will grow at a steady 1 per cent to 3 year-on-year rate in FY27, broadly in line with long-term trends.The data showed that the higher Nutrient‑Based Subsidy rates for the Ra…