Shortage of key fertiliser exposes Indian agriculture’s alarming dependency on China, imports

Quick Summary:

Experts say the government must prioritise scaling up domestic fertiliser production to reduce dependence on imports from countries like China, cutting risks associated with increasingly volatile global supply chains.

On 18 September, the Centre had announced a subsidy of Rs 24,475 crore for phosphatic and potassic (P&K) fertilisers for the rabi season of 2024-25 for the period October 1, 2024, to March 31, 2025.

All stakeholders emphasise the need for India to reassess its fertiliser policy, ensuring it remains aligned with the evolving global supply chain landscape.

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Article Details

Author / Journalist: Ashish Pandey

Category: Business

Markets: IndiaChinaIsraelMoroccoSaudi ArabiaUkraine

Topics: Punjab farmers Fertiliser Punjab China DAP india India fertiliser subsidy

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-11 @ 09:26:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: economictimes.indiatimes.com

Language: English

Article Length: 2222 words

Reading Time: 13 minutes read

Sentences: 84 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Economic Times

News ID: 24368800

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