India's Fertilizer Imports: Navigating Global Dependencies
India heavily relies on imports of water-soluble fertilizers from countries like China, Belgium, and the USA, with an annual consumption of approximately 3.35 lakh tonnes in 2023-24. Despite concerns, Indian fertilizer firms retain flexibility on importing phosphatic and potassium fertilizers, as the government does not classify 'speciality fertilizers' distinctly.
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In 2023, India continues to depend heavily on water-soluble fertilizer imports to meet its agricultural demands, sourcing from major global suppliers such as China, Belgium, and the USA.
Minister of State for Chemicals and Fertilisers, Anupriya Patel, clarified in the Lok Sabha that companies are free to import phosphatic and potassium fertilizers based on their strategic needs. She dismissed concerns over halted exports impacting Indian farmers, noting that 'speciality fertilizers' do not fall under specific regulatory classifications.
Water-soluble fertilizers remain crucial for cash and horticultural crops, yet are not subsidized under the current government's Nutrient-Based Subsidy (NBS) Scheme, calling for a more nuanced approach to managing India's fertilizer strategy.
(With inputs from agencies.)
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