Potash Fertilisers

Fertiliser major IFFCO, which has introduced nano liquid urea and nano liquid DAP, has now developed nano NPK nutrient and sought the government's approval to launch it in the market. IFFCO's MD U S Awasthi said the cooperative will launch nano NPK product, which is in granule form, after the necessary approval from the government. He said the company will produce this product at its Kandla unit. IFFCO will sell this product at Rs 950 per bag of 5 kg, Awasthi said, adding that this will significantly reduce the consumption of urea and DAP (di-ammonium phosphate). In September, he said that the cooperative has invested around Rs 2,000 crore since 2017 on its two new innovative products nano liquid urea and nano liquid DAP. He is hopeful that farmers will adopt these key nutrients in a big way over the next 2-3 years. IFFCO launched the world's first 'Nano Liquid Urea' fertiliser in June 2021. Thereafter, it came up with Nano-DAP fertiliser in April 2023. Nano urea is available at

The Union Cabinet on Wednesday approved Nutrient Based Subsidy (NBS) rates for Rabi season, 2023-24, on Phosphatic and Potassic (P & K) fertilizers to ensure the availability of fertilisers to farmers at "subsidised, affordable and reasonable" rates.Briefing the media on the decisions of the union cabinet, Information and Broadcasting Minister Anurag Thakur said the decisions are expected to entail an expenditure of Rs 22,303 crore."Subsidy for the Rabi season from October 1, 2023 till March 31, 2024, will be like this - for the nitrogen it will be Rs 47.2 per kg, phosphorus will be Rs 20.82 per kg, potash subsidy will be Rs 2.38 per kg and the sulphur subsidy will be Rs 1.89 per kg," he said."The subsidy will continue because when international prices rise, the government does not want it to impact our farmers in the country... Subsidy on DAP will continue...DAP will be available for Rs 1350 per bag as per the old rate. The NPK will be available at Rs 1,470 per bag," he added.

In April, Canpotex said it had agreed a supply contract with Indian Potash for shipments through Sept. 30

State farmers to get additional 88,000 tonnes of DAP in current rabi season; 24 railway rakes carrying DAP and NPK expected to arrive in the state within a week

Potash consumption will probably fall to 3 million tons in the year through March 2023 from 5 million a year earlier

Russian President Vladimir Putin said that Russia is ready to donate its potash fertilizers to developing countries.

Hike is valid till September 30. Consequently, per tonne increase in subsidy in DAP and its products has also been lower than different grades of NPKS

The MoU would prove beneficial in view of the affected supply chain of potash due to the Ukraine-Russia war and escalating cost of potash and other fertilisers supplied from that region

Among the various items that have seen a spike in their prices due to the Russia-Ukraine conflict is Muriate of Potash (MOP) fertiliser

Indian Potash Ltd has signed a five-year deal to import muriate of potash from Israel Chemical Ltd, according to a government statement released on Monday

Total subsidy burden to be around Rs 130,000 in FY-22, almost 63% more than budgeted

Government will spend additional Rs 14,000 crore on increase subsidy support for DAP fertiliser

Govt may slash subsidy on DAP, potash fertilisers