India Sees No Fert Shortage, Subsidy Cuts, NBS for Urea

Indian officials say that current fertilizer inventories are plentiful, including urea, DAP, potash and NPKs, according to a report in the Business Standard, citing Union Minister for Chemicals and Fertilizers D.V. Sadananda Gowda. He also stated that there is currently no proposal at present to decrease the amount of subsidies on fertilizers. In addition, there is no proposal to fix a Nutrient Based Subsidy (NBS) for urea and thereby decontrol the price of urea in the market.