Position in the World: 3rd in terms of production and 2nd in terms of consumption
Decision-Making Body: Department of Fertilizers, Ministry of Chemicals & Fertilizers, Govt of India
India is among the world’s largest buyers of fertiliser, besides China, Brazil, and the US.
India imports four types of fertilisers:
diammonium phosphate (DAP)
muriate of potash (MOP)
Important Government Initiatives and Schemes
“One Nation One Fertiliser” scheme: The scheme would be done by introducing a “Single Brand for Fertilisers and Logo” under the fertiliser subsidy scheme named “Pradhanmantri Bhartiya Janurvarak Pariyojna” (PMBJP).
The scheme would extend to all four fertilisers – Urea, Di-Ammonium Phosphate, Muriate of Potash and complex NPK – with BHARAT pre-fixed.
Neem Coating of Urea: The Department of Fertilizers (DoF) has made it mandatory for all the domestic producers to produce 100% urea as Neem Coated Urea (NCU).
New Urea Policy (NUP) 2015: Objectives of the policy are-
To maximize indigenous urea production.
To promote energy efficiency in the urea units.
To rationalize the subsidy burden on the Government of India.
New Investment Policy- 2012: The Government announced New Investment Policy (NIP)-2012 in January, 2013 and made amendments in 2014 to facilitate fresh investment in the urea sector and to make India self-sufficient in the urea sector.
Policy on Promotion of City Compost: The Government of India approved a policy on promotion of City Compost, notified by the DoF in 2016 granting Market Development Assistance of Rs. 1500/- for scaling up production and consumption of city compost.
Nutrient Based Subsidy (NBS) Scheme: It has been implemented from April 2010 by the DoF. Under NBS, a fixed amount of subsidy decided on an annual basis, is provided on each grade of subsidized Phosphatic & Potassic (P&K) fertilizers depending on its nutrient content.