National

Global Fertiliser Price Up, But Centre Shielded Farmers, Says PM In Gujarat

Gandhinagar: Prime Minister Narendra Modi said on Saturday that his government has made every effort to guarantee that farmers in the country are not harmed, despite the fact that fertiliser costs have risen dramatically on foreign markets as a result of the pandemic and ongoing conflict in Ukraine.

Inaugurating a ‘nano urea’ factory of the Indian Farmers Fertilizer Cooperative Ltd (IFFCO) in the district, he stated eight more would be built, reducing our reliance on foreign fertilisers and saving money.

The Prime Minister spoke in the Mahatma Mandir auditorium to the ‘Sahkar Se Samruddhi’ conference of cooperative companies. He virtually inaugurated the IFFCO factory at the same time.

“With the liquid urea plant, the power of a full sack (50 kg) of urea has come into a half-litre bottle, leading to huge savings in transportation and storage. The plant will produce about 1.5 lakh bottles of 500 ml per day,” he said, adding that eight more such plants will be set up in the country.

“This will reduce foreign dependence with regard to urea, and save the country’s money. I am confident that this innovation will not remain restricted to urea. In the future, other nano fertilizers will be available to our farmers,” he said.

The Prime Minister stated that nanotechnology will be critical in realising the objective of “atma-nirbharata” (self-reliance).

“The cost of fertilisers has risen dramatically in international markets in the last two years as a result of the coronavirus lockdown. The war in Ukraine has limited the availability of fertilisers on the international market, raising costs even higher “Prime Minister Modi stated.

“Despite difficulties due to the international situation arising out of COVID-19 pandemic and more recently, the Russia-Ukraine war, which raised the cost and made procurement hard, the government has tried to ensure that it will face the difficulties without letting the farmers get affected,” he added.

A urea bag costing ₹ 3,500 is made available to the farmer for ₹ 300 while the government bears a cost of ₹ 3,200 per bag, he said.

Similarly, for every bag of DAP (Di-ammonium Phosphate), government bears a cost of ₹ 2,500 against ₹ 500 borne by earlier governments, PM Modi said.

“The Union government gave a subsidy of ₹ 1,60,000 crore last year for fertilisers. This year this subsidy is going to be more than ₹ 2 lakh crore,” he said

Dear Readers,
As an independent media platform, we do not take advertisements from governments and corporate houses. It is you, our readers, who have supported us on our journey to do honest and unbiased journalism. Please contribute, so that we can continue to do the same in future.

Related posts