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Fertilizer Policy

For sustained agricultural growth and to promote balanced nutrient application, it is imperative that fertilizers are
made available to farmers at affordable prices. With this objective, urea being the only controlled fertilizer, is sold
at statutory notified uniform sale price, and decontrolled Phosphatic and Potassic fertilizes are sold at indicative
maximum retail prices (MRPs). The problems faced by the manufactures in earning a reasonable return on their
investment with reference to controlled prices, are mitigated by providing support under the New Pricing Scheme
for Urea units and the concession Scheme for decontrolled Phosphatic and Potassic fertilizers. The statutorily
notified sale price and indicative MRP is generally less than the cost of production of the irrespective
manufacturing unit. The difference between the cost of production and the selling price/MRP is paid as
subsidy/concession to manufacturers. As the consumer prices of both indigenous and imported fertilizers are
fixed uniformly, financial support is also given on imported urea and decontrolled Phosphatic and Potassic
fertilizers.
A. Urea Pricing Policy:
a) New Pricing Scheme (NPS)
i) NPS-I
New Pricing Scheme (NPS)- I for urea was introduced w.e.f. 1st April, 2003. The Stage- I of NPS
was of one year duration from 1 April, 2003 to 31st March, 2004. The primary consideration and goal of the
abovementioned policy was to encourage efficiency parameters of international standards based on the usage of
the most efficient feedstock, state-of-art technology and also ensure viable rate of return to the units.
ii) NPS-II

The Stage-II was of two year duration from 1st April 2004 to 31st March, 2006, which was extended upto
30th September 2006. The pre-set energy norms for the urea units during Stage-II of NPS were given. As per the
said policy, escalation/de-escalation was to be carried out on a quarterly/annual basis. However, if the actual
energy consumption of a unit is lower than the pre-set energy norms, the resultant excess would be valued for
escalation/de-escalation at the basic rate of the cheapest input.

iii) NPS-III
The Stage III of NPS was notified on 8th March, 2007 and was made effective from 1 st October
st
2006 till 31 March 2010. The Policy for incentivizing additional production of urea during Stage-III of NPS was
made applicable from the date of notification and till then additional production of urea by units beyond 100% of
their capacity will be governed by the existing policy of sharing of the net gain between the Government and the
unit in the ratio of 65:35.
Following amendments have been made effective in NPS III after its Notifications:
Vide Notification No. 12012/19/2007-FPP dated 10th July, 2009 for adoption of capacity utilization as 95% for
post-92 naphtha based group, restricting reduction in fixed cost strictly due to group averaging principle to 10%
of the normated fixed cost and detailing parameters for buffer stocking scheme.

Vide Notification No. 12014/1/2008-FPP dated 6th March 2009 regarding amendment of NPS-III Policy for
restart of existing urea units. The above scheme was applicable to the shutdown of the urea units, viz., RCF
Trombay, DIL/KFCL- Kanpur and FACT-Cochin resuming production on the existing feedstock/fuel and
subsequently getting converted into gas based.

Vide Notification No. 12014/1/2008-FPP dated 6th March 2009 Amendment of NPS-III Policy for resumption
of urea production by RCF-Trombay unit. This Notification pertains to facilitating restart of RCF Trombay by
allowing minimum fixed cost equivalent to weighted average fixed cost of gas based urea units under NPS-III
with the preset energy as available to the unit under NPS I & II.

Vide Notification No. 12014/1/2008-FPP dated 6th March 2009 regarding policy for Conversion of FO/LSHS
urea units to Natural gas. Provisions under notifications dated 8 th February 2010 for Conversion of Fuel Oil/Low
Sulphur Heavy Stock (FO/LSHS) based Urea unit at Bathinda, Nangal & Panipat of NFL to Natural Gas (NG);
Provisions under notifications dated 14th December 2009 for Conversion of Fuel Oil/ Low Sulphur Heavy Stock
(FO/LSHS) based Urea unit at Gujarat Narmada Valley Fertilizer Corporation (GNVFC) to Natural Gas (NG).
Above notifications pertain to recognizing cost of conversion of FO/LSHS units through a special fixed cost for
five years after conversion as per certain parameters. This scheme is applicable for FO/LSHS units, viz., NFL
(Nangal, Bathinda and Panipat) and GNVFC-Bharuch.
Formulation of policy for existing urea beyond Stage-III of New Pricing Scheme
A Group of Minister (GoM) constituted to review the fertilizer policy has decided in the meeting held on
5th January 2011 to set up a Committee under the Chairmanship of Shri Saumitra Chaudhuri, Member, Planning
Commission to examine the proposal for introduction of Nutrient Based Subsidy (NBS) in urea and to make
suitable recommendations.

b) Modified NPS-III for existing urea units

Recently, the Government has notified the Modified NPS-III for existing urea units on 2nd April, 2014 in
order to address the issue of under recoveries of the existing urea units due to freezing Fixed Cost at the level
of costed year 2002-03. The policy will be implemented for a period of one year from the date of issue of
notification. The policy envisages the continuation of calculation of concession rates of urea units as per
NPS-III with certain amendments. As per the said policy, the existing urea units will be paid the
maximum
additional fixed cost (towards increase in the four components, viz., salaries & wages, contract labour, selling
expensed and repair & maintenance) of Rs. 350/MT to existing urea units or actual increase in above four
components of fixed cost during the year 2012-13 as compared to the year 2002-03, whichever is lower.
However, in respect of KFCL and BVFCL-II units, for which cost data of four components is not available either
for the year 2002-03 or 2012-13, the actual increase in these four components as per the certified cost data for
the latest year over and above Rs. 521/MT (weighted industry average during 2002-03) subject to maximum
of Rs. 350/MT will be allowed.
The policy also provides for the grant of the minimum fixed cost of Rs. 2300/MT or actual fixed cost
prevailing during 2012-13, whichever is lower, after taking into account the aforesaid additional fixed cost. This
will be based on certified fixed cost data for the year 2012-13, to be provided by all urea units. Further, in order
to protect the efficient units which have converted to gas and are more than 30 years old, the policy has the
provision of compensating these units by way of grant of the special compensation of Rs. 150/MT.
The provision for continuation of the production of high cost naphtha based urea units namely SPIC Tuticorin,
MFL Manali and MCFL Mangalore is also made under modified NPS-III till the gas availability and connectivity is
provided to these units or June, 2014 whichever is earlier.
The capacity utilization of two units in post 92 Naphtha based groups namely IFFCO-Phulpur-II and CFCL-II, has
been increased from 95% to 98% on par with gas based units. FICC may re-work the group average of fixed cost
for these units.

B. Investment Policies in Urea Sector

A pricing policy was announced on 29.1.2004 for setting up new urea projects and expansion of existing urea
projects for augmenting the domestic production capacity of urea to meet the growing demand for enhancing the
agricultural production in the country. The policy aimed at enabling the entrepreneurs to decide about their
investment plans in the fertilizer sector. The policy was expected to encourage setting up of plants with
international efficiency standards for fresh investment in new projects and expansion of existing units.

a) New Investment Policy- 2008

This policy which was based on the principle of Long Run Average Cost (LRAC) was not
successful in attracting investment in this sector. The non-availability of natural gas, which is the critical
feedstock for production of urea, has also been one of the major constraints in further addition of indigenous
capacity for production of urea. However with the projected improved availability of gas from 2009 onwards, it is
expected that investment in fertilizer sector will also take place. Further, vide notification dated 4 th September
2008, Government had notified the New Investment Policy for urea sector to attract the much required investment
in this sector. The policy was based on IPP benchmark.

The policy was expected to lead to savings to the Government in the form of availability of Urea at a price
below IPP and will also lead to indirect savings by bringing down the import price due to reduction in imports. The
New Investment Policy aimed at revamp, expansion, revival of existing urea units and setting up of Greenfield/
Brownfield projects. The policy was likely to substantially bridge the gap in next five years between the
consumption and domestic production subject to confirmed and adequate availability of gas at reasonable
prices. The salient features of the New Investment Policy-2008 are as under:-
1. The policy is based on Import Parity Price (IPP) benchmarked with suitable floor and ceiling prices of USD
250/MT and USD 425/MT respectively.

1. Revamp project: Any improvement in capacity of existing plants through investment upto Rs. 1000 crore, in
the existing train of ammonia-urea production may be treated as revamp of existing units. The additional urea
from the revamp of existing units may be recognized at 85% of IPP with the floor and ceiling price as indicated
above.

1. Expansion projects: Setting up of a new ammonia-urea plant (a separate new ammonia-urea train) in the
premises of the existing fertilizer plants, utilizing some of the common utilities may qualify for being treated as
expansion project. The investment should exceed a minimum limit of Rs. 3000 crore. The urea from the
expansion of existing units may be recognized at 90% of IPP, with the floor and ceiling price as indicated above.

4 Revival/Brownfield projects: The urea from the revived units of Hindustan Fertilizer
Corporation Limited(HFCL) and Fertilizer Corporation of India Limited (FCIL) may be recognized at 95% of IPP
with prescribed floor & ceiling price, if the revival of closed units takes placed in public sector.

1. Greenfield projects: The pricing of Greenfield projects may be decided based on a bidding process which will
be for a discount over IPP, after firming up of the location (States) of the proposed new plants.

1. Gas transportation charges: An additional gas transportation cost may be paid to units undertaking
expansion and revival on the basis of actuals (upto 5.2 Gcal per MT of urea) as decided by the Regulator(Gas)
subject to a maximum ceiling of USD 25 per MT of urea.

1. Allocation of Gas: Only non-APM gas may be considered for the new investment in urea sector.

1. Coal gasification based Urea Projects: The Coal gasification based urea projects may also be treated on par
with a revival or a Greenfield project as the case may be. In addition, any other incentives or tax benefits as
provided by Government for encouraging coal gasification technology will also be extended to these projects.

1. Joint Ventures abroad: The Joint Venture projects abroad in gas rich countries are also proposed to be
encouraged through firm offtake contracts with pricing decided on the basis of prevailing market conditions and
in mutual consultation with the joint venture company. However, the principle for deciding upon the maximum
price will be the price achieved under Greenfield projects or 95% of IPP as proposed for revival projects (in
absence of any Greenfield projects) with a cap of USD 405 CIF India per MT and a floor of USD 225 CIF India
per MT (inclusive of handling and bagging costs).

10. Time period for proposed investment policy: Only those revamp projects which start production of
additional capacities within four years of notification of the new policy would qualify for the dispensation
recommended above. Similarly production from expansion and revival (brownfield) units that come about within
five years of notification of the new policy would qualify for dispensation provided in the policy. If the production
does not come through within the stipulated time period, such brownfield projects will be treated similar to a
Greenfield projects wherein price will be decided through limited bidding options. The time period for setting up
of new Joint Ventures would also be five years under the new investment policy.

b) New Investment Policy 2012


The Government had notified the New Investment Policy (NIP)-2012 on 2nd January, 2013 to
facilitate fresh investment in urea sector in future to reduce Indias import dependency in urea production.
The salient features of NIP 2012 are as follows:-

The policy supports gas based plants only.


It has structure of a flexible floor and ceiling price calculated at delivered price of gas from US $6.5 to US $
14/mmbtu.
The floor price has been determined at a Return on Equity (RoE) of 12% and the ceiling price at a RoE of 20%.
For Greenfield/Revival and Brownfield Projects, the floor and ceiling shall increase in tandem with increase in
delivered gas price i.e. every USD 0.1/mmbtu increase in delivered gas price will increase the floor and ceiling
by USD 2/MT upto delivered gas price of USD 14/mmbtu.
Beyond delivered gas price of USD 14/mmbtu, only floor will be increased.
For Revamp Projects, floor and ceiling have been linked to delivered gas price of USD 7.5/mmbtu and floor and
ceiling shall increase by USD 2.2/MT for every increase in delivered gas price of 0.1/mmbtu.
It supports revival of closed units.
It encourages investment by Indian industry in Joint Venture abroad in resource rich countries
The policy incentivizes units to produce urea in granulated or coated/fortified form to improve the efficiency in
the use of Urea with additional amount of USD 10/MT allowed in floor and ceiling prices.
For units in North Eastern states, the special dispensation regarding gas price that is being extended by
GOI/State governments will be available to any new investment. Suitable adjustments will be made to
applicable floor and ceiling price in case the delivered price (after allowing for special dispensation) falls below
USD 6.5 per mmbtu, subject to approval of Ministry of Finance.
The policy is applicable to all units whose production starts within five years from the date of notification and
has dispensation of guaranteed buy back for eight years from date of start of production.

Amendment in NIP-2012

As per deliberation and discussion held in the meeting on 01.07.2013 under Chairmanship of PS to Honble
Prime Minister, it was decided to move an amendment in New Investment Policy-2012 through CCEA for
substituting the phrase guaranteed buyback with expression that subsidies will be given only upon domestic
sale as at present with proper safeguards.

This Department has issued Amendment to New Investment Policy (NIP) - 2012 on 07th October, 2014.
In this regard, this department has received twelve proposals from the project proponents. Further, this
Department is examining these proposals in the light of the provisions of the NIP-2012 and amendments thereof.

The amendment to NIP-2012 also includes that all the project proponents are required to furnish BG of Rs. 300
crores for each project. The BG has been linked milestones in the project cycle. Out of Rs. 300 crores, Rs. 100
crores of BG will be released finalization of LSTK/EPCA contractors and release of advance to the contractors
account; Rs. 100 crores of BG will be released on completion of requirements ordering and supply to the site or
midpoint of the project cycle, whichever is earlier, and the balance of Rs. 100 crores of BG on completion of the
project. PSUs are, however, exempted from furnishing the BG.

Vide Notification No 12012/10/2013-FP dated 21st April, 2015, the companies/ societies who had shown interest
to set up Greenfield/Brownfield/Revamp projects, are advised to furnish the required Bank Guarantee (BG) after
securing the financial closure for the project but well before finalization of LSTK/EPCA contractor.

Fertilizer Subsidy Policy for Phosphatic & Potassic (P&K) Fertilizers:

1 Historical Background:
1.1 Since independence, Government of India has been regulating sale, price and quality of fertilizers. For
this purpose, Government of India has passed Fertilizer Control Order (FCO) under Essential commodity Act (EC
Act) in the year 1957. In order to regulate the distribution of fertilizer, Movement Control Order was passed in
1973. No subsidy was paid on Fertilizers till 1977 except Potash for which subsidy was paid only for a year in
1977.
1.2 On the recommendation of the Maratha Committee, the Government had introduced Retention Price
Scheme (RPS) for nitrogenous fertilizers in November 1977. Subsequently, RPS was extended to phosphatic
and other complex fertilizers from February 1979 and to Single Super Phosphate from May 1982, which
continued up to 1991. Later on, subsidy was also extended to imported phosphatic and potassic (P&K) fertilizers.
In early 1990s, the country was facing mounting fiscal deficit and there was an impending danger of
foreign exchange crisis. In order to contain the subsidy burden, Government announced an increase of 40% in
the price of fertilizers in July, 1991. Some of the fertilizers which were under the subsidy scheme were
decontrolled. Subsequently, apprehending low consumption of fertilizer due to increase in prices and
consequently, low agriculture productivity, Government rolled back 10% of increase in Urea price.
1.3 In December 1991, Government set up a Joint Parliamentary Committee (JPC) on Fertilizer Pricing to
review the existing methods of computation of retention prices for different manufactures of fertilizers and to
suggest measures for reducing fertilizers prices without straining the exchequer. JPC submitted its report on 20th
August 1992. The main conclusions and recommendations of the Committee were that the rise in subsidy was
mainly due to increase in the cost of imported fertilizers, de-valuation of rupee in July 1991 and the stagnant farm
gate prices from 1980 to 1991. The Committee did not favour total decontrolled of fertilizers but recommended
decontrol of import based phosphatic and Potassic fertilizers along with a marginal 10% reduction in the
consumer price of Urea.

2 Concession Scheme for P&K Fertilizers:


2.1 Based on the recommendations of Joint Parliamentary Committee, Government of India decontrolled all
Phosphatic and Potassic (P&K) fertilizers namely DAP, MOP, NPK complex fertilizers and SSP with effect from
25th August 1992 which were under Retention Price Scheme (RPS) since 1977 except Urea which continued to
remain under RPS. Since subsidy was retained on the Nitrogenous fertilizers (Urea) while phosphatic fertilizers
were decontrolled, the prices of phosphatic fertilizers in the market became comparatively high. As a result,
production and consumption of nitrogenous fertilizers increased and consumption of P&K fertilizers decreased.
This led to severe imbalance in consumption of nitrogenous, phosphatic and Potassic fertilizers. Fearing
imbalance fertilization of the soil, un affordability by farmers due to increase in phosphatic and potassic fertilizer
prices, Government of India announced ad hoc Concession Scheme for phosphatic and potassic fertilizers from
Rabi 1992 to cushion the impact of price hike with a view to encourage balanced fertilizer consumption.
2.2 The basic purpose/objective of the Concession Scheme for P&K fertilizers has been to provide P&K
fertilizers to the farmers at affordable prices so as to increase the food productivity in the country through
balanced use of fertilizers. The concession scheme was also aimed at ensuring reasonable rate of return on the
investments made by the entrepreneurs in the fertilizer sector.
2.3 Initially, the ad-hoc Concession Scheme was applicable on DAP, MOP, NPK Complex fertilizers. This
scheme was also extended to SSP from 1993-94. Concession was disbursed to the manufacturers/importers by
the State Governments during 1992-93 and 1993-94 based on the grants provided by Department of Agriculture
& Cooperation(DAC).
2.4 During 1997-98, Department of Agriculture & Cooperation also started indicating an all India uniform
Maximum Retail Price (MRP) for DAP/NPK/MOP. The responsibility of indicating MRP in respect of SSP rested
with the State Governments. The Special Freight Subsidy Reimbursement Scheme was also introduced in 1997
for supply of fertilizers in the difficult areas of J&K and North-eastern States, which continued upto 31.3.2008.
The total delivered cost of fertilizers being invariably higher than the MRP indicated by the Government, the
difference in the delivered price of fertilizers at the farm gate and the MRP was compensated by the Government
as subsidy to the manufacturers/importers.
2.5 Till 30th September 2000, the issues relating to fertilizer subsidy was being looked after by DAC and
thereafter it was continued by Department of Fertilizers with changed parameters from time to time. The MRP of
P&K fertilizers were revised on 28.2.2002, which continued upto 31.3.2010 in case of DAP and MOP. However,
in case of complex fertilizers, the MRP was revised on 18.6.2008.
2.6 The MRP of SSP, which was used to be declared by the respective State Governments up to 30th April,
2008, was announced by DOF at Rs. 3400/MT uniformly all over the country. w.e.f.1.5.2008 to 30.9.2009 and
subsidy on SSP was decided by DOF on monthly basis based the report of Cost Account Brach. MRP of SSP
was left open w.e.f. 1.10.2009 to 30.4.2010 and a fixed of Rs. 2000 PMT was paid on SSP as subsidy.

3 Computation of Subsidy on P&K fertilizers under Concession Scheme:


3.1 The computation of subsidy on P&K fertilizers was based on Cost Price Study on DAP and MOP
conducted by Bureau of Industrial Costs and Prices (BICP) now called Tariff Commission (TC). The subsidy
rates were decided on the cost plus approach on quarterly basis w.e.f. 1.4.1999. The total delivered cost of the
fertilizers being invariably higher than MRP indicated by the Government, the difference between delivered price
of fertilizers at farm gate level and the MRP was compensated by Government in the form of subsidy.
3.2 The Government introduced a new methodology for working out subsidy on complex fertilizers w.e.f.
1.4.2002 based on the recommendation of TC. The complex manufacturers were divided into two groups based
on feed stock for sourcing nitrogen i.e. Gas and Naphtha. With passage of time, DAP industry started using
different raw materials such as Rock Phosphate for producing phosphoric acid. DOF framed a proposal
suggesting methodology to link phosphoric acid price with international DAP price. The matter was referred to
Expert Group under chairmanship of Prof. Abhijit Sen. The report of this Group was submitted in October 2005
and considered by Inter-Ministerial group. TC conducted fresh cost price study of DAP/MOP and NPK
complexes and submitted its report in December 2007. Based on this TC report, the subsidy was calculated on
monthly basis till 31.3.2010.

4 MRP of P&K fertilizers under Concession Scheme:


The MRP was fixed by the Government with effect from 1.4.1997 and the details of MRP fixed by the
Government from 1997 to 31.3.2010 are mentioned in the table below:

Maximum Retail Price (MRP) of P&K fertilizers (in Rs. per Metric Tonne)
Grades of 1.4.97 29.2.00 28.2.02 28.2.03 12.3.03 18.6.08
# Fertilizers 28.2.00 27.2.02 27.2.03 11.3.03 17.6.08 31.3.10
1 DAP : 18-46-0-0 8300 8900 9350 9550 9350 9350
2 MAP : 11-52-0-0 NA NA NA NA NA 9350
3 TSP : 0-46-0-0 NA NA NA NA NA 7460
4 MOP : 0-0-60-0 3700 4255 4455 4455 4455 4455
5 16-20-0-13 6400 6740 7100 7300 7100 5875
6 20200-13 NA NA NA NA NA 6295
7 23230-0 NA NA NA NA NA 6145
8 102626-0 7300 7880 8360 8560 8360 7197
9 123216-0 7400 7960 8480 8680 8480 7637
10 142814-0 7300 7820 8300 8500 8300 7050
11 143514-0 7500 8100 8660 8860 8660 8185
12 151515-0 6000 6620 6980 7180 6980 0
13 AS: 20.3-0-0-23 NA NA NA NA NA 10350
14 20-20-0-0 6500 6880 7280 7480 7280 5343
15 28280-0 8000 8520 9080 9280 9080 7481
16 171717-0 7200 7680 8100 8300 8100 5804
17 191919-0 7300 7840 8300 8500 8300 6487
MRP was fixed by respective State Governments upto April
2008.
18 SSP(0-16-0-11) W.e.f. 1.5.2008 to 30.9.09 all India MRP of Rs. 3400 PMT
fixed by Govt. W.e.f 1.10.2009 to April 2010, MRP was open
fixed by SSP units.

5 Impact of Concession Scheme:


5.1 The MRP of P&K fertilizers were much lower than its delivered cost. This led to increase in consumption
of fertilizers during the last three decades and consequently increase in food grain production within the country.
However, it was observed in last few years that the marginal response of agricultural productivity to additional
fertilizer usage in the country had fallen sharply, leading to near stagnation in agricultural productivity and
consequently agricultural production. The disproportionate NPK application, rising multi-nutrient deficiency and
lack of application of organic manures leading to reduction in carbon content of the soil, was attributed to the
stagnating agricultural productivity. The fertilizer sector worked in a highly regulated environment with cost of
production and selling prices being determined by the Government of India. Due to this fertilizer industry suffered
from low profitability as compared to other sectors. The growth of fertilizer industry was stagnated with virtually no
investments for the past 11 years in urea sector and for over eight years in P&K sector. The fertilizer industry had
no incentive to invest on modernization and for increasing efficiency. The innovation in fertilizer sector also
suffered as very few products were introduced by fertilizer companies, since they get out priced by subsidized
fertilizers. The industry had no incentive to focus on farmers leading to poor farm extension services, which were
necessary to educate farmers about the modern fertilizer application techniques, soil health and promote soil test
based application of soil and crop specific fertilizers.
5.2 The subsidy outgo of Government also increased exponentially by 500% during the past five years (2005-
06 to 2009-10) under the Concession Scheme with about 94% of the increase caused by increase in international
prices of fertilizers and fertilizer inputs, and only 6% attributable to increase in consumption.
5.3 It was, thus, observed that over the last few years the product based subsidy regime (erstwhile
concession scheme) had been proving to be a losing proposition for all the stake holders viz farmers, industry
and the Government. Accordingly, considering all the issues relating to agriculture productivity, balanced
fertilization and growth of indigenous fertilizer industry, competiveness amongst the fertilizer companies and to
overcome the deficiency of concession scheme, the Government introduced Nutrient Based Subsidy (NBS)
Policy for P&K fertilizers w.e.f 1.4.2010.

6 Nutrient Based Subsidy (NBS) Policy (w.e.f 1.4.2010):


6.1 The Department is implementing NBS Policy for P&K fertilizers w.e.f. 1.4.2010. Under the NBS Policy, a
fixed rate of subsidy (in Rs. per Kg basis) is announced on nutrients namely Nitrogen (N), Phosphate (P), Potash
(K) and Sulphur (S) by the Government on annual basis. The salient features of NBS Policy are as under:
An Inter-Ministerial Committee (IMC) has been constituted with Secretary (Fertilizers) as Chairperson and Joint
Secretary level representatives of Department of Agriculture & Cooperation (DAC), Department of Expenditure
(DOE), Planning Commission and Department of Agricultural Research and Education (DARE). This
Committee recommends per nutrient subsidy for N, P, K and S before the start of the financial year for
decision by the Government (Department of Fertilizers). The IMC recommends a per tonne additional subsidy
on fortified subsidized fertilizers carrying secondary (other than S) and micro- nutrients. The Committee also
recommends inclusion of new fertilizers under the subsidy regime based on application of manufacturers/
importers and its need appraisal by the Indian Council for Agricultural Research (ICAR), for decision by the
Government.
The per Kg subsidy rates on the nutrient N, P, K, S is converted into per Tonne subsidy on the various P&K
fertilizers covered under NBS Policy.
Any variant of the fertilizers covered under the subsidy scheme with micronutrients namely Boron and Zinc, is
eligible for a separate per tonne subsidy to encourage their application along with primary nutrients.
At present 22 grades of P&K fertilizers namely DAP, MAP, TSP, MOP, Ammonium Sulphate, SSP and 16
grades of NPKS complex fertilizers are covered under the NBS Policy.
Under the NBS regime, MRP of P&K fertilizers has been left open and fertilizer manufacturers/marketers are
allowed to fix the MRP at reasonable rates.
MRP of P&K fertilizers has been left open and fertilizer manufacturers/marketers are allowed to fix the MRP at
reasonable rates. In effect, the domestic prices are determined by demand supply mechanism.
The distribution and movement of fertilizers along with import of finished fertilizers, fertilizer inputs and
production by indigenous units is monitored through the online web based Fertilizer Monitoring System (FMS)
as was being done under the Concession Scheme for P&K fertilizers.
20% of the decontrolled fertilizers produced/imported in India has been placed in the movement control under
the Essential Commodities Act 1955 (ECA). Department of Fertilizers regulates the movement of these
fertilizers to bridge the supplies in underserved areas.
In addition to NBS, freight for the movement and distribution of the decontrolled fertilizers by rail and road is
being provided to enable wider availability of fertilizers even in the remotest places in the country.
Import of all the subsidized P&K fertilizers, including complex fertilizers has been placed under Open General
License (OGL). NBS is available for imported complex fertilizers also except Ammonium Sulphate. However, in
case of Ammonium Sulphate (AS) the NBS is applicable only to domestic production by M/s FACT.
Though the market price of subsidized fertilizers, except Urea, is determined based on demand-supply
dynamics, the fertilizer companies are required to print Retail Price (RP) along with applicable subsidy on the
fertilizer bags clearly. Any sale above the printed MRP is punishable under the EC Act.
Manufacturers of customized fertilizers and mixture fertilizers have been permitted to source subsidized
fertilizers from the manufacturers/ importers after their receipt in the districts as inputs for manufacturing
customized fertilizers and mixture fertilizers for agricultural purpose. However, no separate subsidy is provided
on sale of customized fertilizers and mixture fertilizers.
A separate additional subsidy is also provided to the indigenous manufacturers producing complex fertilizers
using Naphtha based captive Ammonia to compensate for the higher cost of production of N for a maximum
period of two years w.e.f. 1.4.2010 to 31.3.2012 during which the units are required to convert to gas or use
imported Ammonia as feedstock. The quantum of additional subsidy is finalized by Department of Fertilizers in
consultation with DOE, based on study and recommendations by the Tariff Commission.
The NBS is passed on to the farmers through the fertilizer industry. The payment of NBS to the
manufacturers/importers of P&K fertilizers is released as per the procedure notified by the Department.
6.2 The per kg NBS rate and per Metric Tonne subsidy on different grade of P&K fertilizers announced by the
Government during the year 2010-11 to 2014-15 is as under:
Per Kg NBS rates for nutrients NPKS for the 2010-11 to 2014-15 (in Rs. per Kg)
Nutrients 1st Apr - 31st 1st Jan- 31st 2011-12 2012-13 2013- 2014-
Dec 2010 * Mar 2011** 14 15
N (Nitrogen) 23.227 23.227 27.153 24.000 20.875 20.875
P (Phosphate) 26.276 25.624 32.338 21.804 18.679 18.679
K (Potash) 24.487 23.987 26.756 24.000 18.833 15.500
S (Sulphur) 1.784 1.784 1.677 1.677 1.677 1.677
*Including Rs. 300/- per MT for secondary freight from rake point to retail
points.
** Excluding the secondary freight of Rs. 300/- PMT, which was being paid separately on per ton per Km basis.

Per MT subsidy on different grade of P&K fertilizers during the year 2010-11 to 2014-15
(in Rs. PMT)
2010-11
Sl. Fertilizer Grades(FG) 1.4.2010 2011- 2012- 2013- 2014-15
No. (N P K S nutrient) 1.1.2011 to 12 13
to 14
31.3.2011
31.12.2010
1. DAP (18-46-0-0) 16268 15968 19763 14350 12350 12350

2. MAP (11-52-0-0) 16219 15897 19803 13978 12009 12009


3. TSP (0-46-0-0) 12087 11787 14875 10030 8592 8592
4. MOP (0-0-60-0) 14692 14392 16054 14400 11300 9300
5. SSP (0-16-0-11) 4400 4296+200 5359 3676 3173 3173
6. 16-20-0-13 9203 9073 11030 8419 7294 7294
7. 20-20-0-13 10133 10002 12116 9379 8129 8129
8. 20-20-0-0 9901 9770 11898 9161 7911 7911
9. 28-28-0-0 13861 11678 16657 12825 11075 11075
10. 10-26-26-0 15521 15222 18080 14309 11841 10974
11. 12-32-16-0 15114 14825 17887 13697 11496 10962
12. 14-28-14-0 14037 13785 16602 12825 10789 10323
13. 14-35-14-0 15877 15578 18866 14351 12097 11630
14. 15-15-15-0 11099 10926 12937 10471 8758 8258
15. 17-17-17-0 12578 12383 14662 11867 9926 9359
16. 19-19-19-0 14058 13839 16387 13263 11094 10460
Ammonium Sulphate 5330 4686 4686
17. 5195 5195 5979
(20.6-0-0-23)
16-16-16-0 (w.e.f. 11169 9342 8809
18. 11838 11654 13800
1.7.2010)
15-15-15-9
19. 11259 11086 13088 10622 8909 8409
(w.e.f. 1.10.2010)
24-24-0-0 (from
20. 1.10.10 to 29.5.12 and 11881 11724 14278 10993 9493 9493
w.e.f. 22.6.2012)
DAP Lite(16-44-0-0)
21. NA 14991 18573 13434 11559 11559
(w.e.f. 1.2.11)
24-24-0-8 (wef
22. 12.11.13 to 14.2.15) NA NA NA NA 9493 9493
without subsidy on S
23-23-0-0
23. 11386 11236 13686 10535 NA NA
(upto22.6.2012)
DAP 4S (w.e.f. 25.2.13
24. to 7.11.13) without NA NA NA 14350 12350 NA
subsidy on S
DAP Lite-II(14-46-0-
0)
25. NA NA 18677 13390 NA NA
(w.e.f. 30.8.2011 to
29.8.2012)
MAP Lite (11-44-0-0)
26. (w.e.f. 30.8.2011 to NA NA 17276 12234 NA NA
29.8.2012)
13-33-0-6
27. (w.e.f. 30.8.2011 to NA NA 14302 10416 NA NA
29.8.2012)
NA means not covered under Subsidy regime.

6.3 Additional compensation to Naphtha based NPK complex fertilizer manufacturing


units:
Under the NBS Policy, a separate additional subsidy is also provided to the indigenous manufacturers such as
M/s FACT, M/s MFL and M/s GNVFC producing complex fertilizers using Naphtha based captive Ammonia to
compensate for the higher cost of production of N for a maximum period of two years (upto 31.3.2012) during
which the units are required to convert to gas or use imported Ammonia as feedstock. The quantum of additional
subsidy will be finalized by Department of Fertilizers in consultation with DOE, based on study and
recommendations by the Tariff Commission. The above said additional compensation has been extended beyond
31.3.2012 to 4.10.2013 for M/s FACT only and the proposal of extension of additional compensation beyond
31.3.2012 for M/s MFL & GNFVC is under consideration in the Department. Pending finalization of Tariff
Commissions Report, the Department has announced ad hoc rate of additional compensation to M/s FACT, M/s
GNVFC & M/s MFL as under

Companies Fertilizer Amount of adhoc additional compensation (Provisional)


Products (in Rs. Per MT)
Earlier (ref. circular Revised on Further revised on
dated 22.10.2010 29.4.2011 (w.e.f. 16.1.2014 (w.e.f. 1.4.2012
1.4.2010) to 4.10.2013)
FACT, 20-20-0-13S 2331 3121 5268
Cochin Amm. Sulphate 2792 3658 6343
(20.6-0-023)
MFL, Manali 20-20-0-13S 4784 5434
17-17-17-0 4079 4640 Under consideration
GNVFC, 20-20-0-0 1914 2534
Bharuch

6.4 Prices (MRP) of P&K fertilizers under NBS regime:


Our country is fully dependent on imports in Potassic sector and to the extent of 90% in Phosphatic sector in the
form of either finished products or its raw material. Subsidy being fixed, any fluctuation in international prices has
effect on the domestic prices of P&K fertilizers.

A Statement showing MRP of P&K fertilizers during the year 2010-11 to 2013-14 is at Annexure-I.

6.5 Reasonableness of MRP:


Under NBS policy companies are allowed to fix the MRP on their own. The intention behind introduction of NBS
was to increase competition among the fertilizer companies to facilitate availability of diversified products in the
market at reasonable prices. However, the prices of P&K fertilizers have gone up substantially and doubts have
been raised about reasonableness of the prices fixed by the companies. The prices have gone up substantially
on the account of increase in prices of raw materials / finished fertilizers in international market, depreciation of
Indian rupee w.r.t US Dollar and also due perhaps to larger profit margins by the companies. This has lead to lot
of hue and cry from the various quarters and has also lead to imbalance in use of fertilizers. Accordingly, in order
to check the prices fixed by P&K companies, the Government vide notification dated 8.7.2011 directed the
fertilizer companies to fix the prices of P&K fertilizers at reasonable level under the NBS regime.

6.5.1 In order to ensure reasonableness of prices fixed by fertilizer companies, while announcing the NBS
Policy and rates for the year 2013-14, the following clauses have been incorporated in NBS Policy applicable with
effect from 1.4.2012:
(i) It shall be mandatory for all the fertilizer companies to submit, along with their claims of subsidy,
certified cost data in the prescribed format and as per the requirement for the purpose of monitoring of MRPs of
P&K fertilizers fixed by the fertilizer companies.
(ii) In cases, where after scrutiny, unreasonableness of MRP is established or where there is no correlation
between the cost of production or acquisition and the MRP printed on the bags, the subsidy may be restricted or
denied even if the product is otherwise eligible for subsidy under NBS. In proven case of abuse of subsidy
mechanism, DOF, on the recommendation of IMC may exclude any grade/grades of fertilizers of a particular
company or the fertilizer company itself from the NBS scheme.
(iii) The reasonableness of MRP will be determined with reference to the MRP printed on the bags.
(iv) The companies shall continue to submit the certified cost data as per the requirement and direction of
DOF from time to time. The companies shall also report MRPs of P&K fertilizers regularly to DOF.
(v) The P&K companies should have the same MRP printed on the bags as applicable for each State in
FMS. In other words, there should not be any difference in MRP printed on the fertilizer bags and that reported in
the FMS for a particular state.
(vi) The fertilizer companies henceforth will certify the correctness of MRPs of their products entered in FMS
while claiming On Account claims for a particular month and also ensure that the MRPs are updated in the FMS
upto the date of submission of bill.

6.6 Monitoring of MPR of P&K fertilizers:


In order to monitor the prices of P&K fertilizers fixed by fertilizer companies, they have been asked to submit cost
data of the P&K fertilizers under NBS scheme from 2012-13 onwards on six monthly basis. In order to collect
actual farm gate prices of P&K fertilizers, the Department is evolving a mechanism in consultation with
Department of Consumer Affairs and other concerned Organizations.

6.7 Freight subsidy Policy in respect of P&K fertilizers under NBS regime:
(a) The freight subsidy for distribution/movement of subsidized P&K fertilizers (except SSP) under the NBS
Policy w.e.f. 1.4.2010 to 31.12.2010 was restricted to the rail freight, whereas the secondary freight (from rake
point to districts) was assumed to be part of the fixed subsidy. Freight reimbursement on account of direct road
movement was made payable as per the actual claim subject to the equivalent rail freight upto a maximum of 500
Kms.
(b) W.e.f. 1.1.2011 to 31.3.2012, freight on account of Primary Movement (by rail from the plant or the port to
various rake points) and Secondary Movement (by road from nearest rake points to the block headquarters in the
Districts) of all P&K fertilizers (except SSP) was reimbursed as per the Uniform Freight Subsidy policy applicable
to urea during the period. Freight subsidy for Direct Road Movement (by road from plant or port to blocks) of all
P&K fertilizers (except SSP) was reimbursed as per actual claim subject to the equivalent rail freight upto a
maximum of 500 Kms. The rates for reimbursement of freight for direct road movement from 1.4.2010 to
31.3.2012 were as under:
Movement(K.M.) Rates Rs. per MT
Upto 100 108
101-200 183
201-300 256
301-400 327
401-500 400

(c) W.e.f. 1.4.2012, freight subsidy for P&K fertilizers is as under:


(i) Freight on account of Primary Movement of all P&K fertilizers (except SSP) is reimbursed on the basis of
actual rail freight, as per the railway receipts.
(ii) No reimbursement on account of Secondary Movement of all P&K fertilizers (including SSP), is provided.
(iii) Freight subsidy for Direct Road Movement of all P&K fertilizes (excluding SSP) is reimbursed as per the
actual claims subject to equivalent rail freight to be announced by DOF time to time. However, the maximum
allowable distance under the direct road movement shall be 500 KMs.
(iv) Special compensation on account of Secondary movement for all P&K fertilizers (except SSP) is provided
for difficult areas namely Himachal Pradesh, Uttarakhand, Sikkim, J&K, 7 North Eastern states and A&N Islands.

6.8 Procedure for Payment of subsidy under NBS:


(a) P&K Fertilizers except SSP: 85% (90% with Bank Guarantee) of the subsidy claims of fertilizer
companies is paid as on account payment on receipt of fertilizers in the district on certification by the Companys
Statutory Auditor. The balance 15-10% is released on State governments certification of quantity in m-FMS and
fertilizer receipt confirmation by retail dealers through mobile Fertilizer Monitoring System (m-FMS).
(b) SSP: 85% (90% with Bank Guarantee) of the claim of subsidy is paid as on account payment on 1st
point sale of fertilizers in the districts on certification by the Companys Statutory Auditor. The balance 10-15%
claim is released subject to State Governments certification on quantity and quality in m-FMS as well as fertilizer
receipt confirmation by retail dealers through m-FMS.

7. Concession Scheme/Nutrient Based Subsidy for SSP


After decontrol of P&K fertilizers, Concession Scheme for SSP was introduced w.e.f. 1993- 94, which continued
on ad-hoc basis for concession upto 30.4.2008. After the transfer of the administration of the Concession
Scheme from Department of Agriculture & Cooperation to DOF w.e.f. October 2000, DOF revised the guidelines.
Accordingly, a Technical Audit and Inspection Cell (TAC) under the aegis of PDIL was constituted vide guidelines
dated 17.5.2001. The SSP manufacturers were required to use only those grades of Rock Phosphate, which has
been notified by DOF from time to time, for claiming payment of concession. All the new SSP manufacturing units
were required to undergo first time technical inspection of the units to ascertain their technical competence to
manufacture SSP of the standards laid down under the FCO. Subsequently, the units were also required to
undergo six monthly inspection to ascertain as to whether the units are working as per the tenets of the
Concession Scheme.
The units were allowed to claim 85% 'On Account' payment of concession to be settled subsequently by DOF
based on the certification of sales issued by the State Governments in prescribed Proforma 'B'. This practice has
also been allowed to continue till date though the other policy parameters for SSP have been changed from time
to time.
The Government vide notification dated 25.8.2008 revised the Concession Scheme for SSP w.e.f. 1.5.2008,
which continued upto 30.9.2009. As per this policy, Department of Fertilizers announced All India MRP
at Rs. 3400 PMT in place of the earlier system of indicating MRP by each State. As per the policy-dated
25.8.2008, the concession rates were announced month-wise separately for SSP based on the imported Rock
Phosphate and that based on indigenous Rock Phosphate. The Concession was escalated/ de-escalated based
on the rise/fall of the prices of the raw materials of Rock Phosphate, Sulphur and also the exchange rate. In order
to ensure quality of SSP, the SSP manufacturers are required to produce a certificate of quality issued by the
State Governments in which the units are located. The units are required to write/print "Quality Certified" on each
bag of the SSP.
The Department vide notification dated 13.8.2009 further revised concession scheme for SSP policy which was
effective from 1.10.2009 to 30.4.2010. As per this policy, the Government decided to leave the selling price of
SSP open w.e.f. 1.10.2009 instead of the earlier MRP of Rs. 3400 PMT on all India basis and provided adhoc
concession for an amount of Rs. 2000 PMT for powdered, granulated and boronated SSP. Only those SSP
manufacturers were allowed to claim subsidy, which produced 50% of the annual installed capacity or 40,000
MTs per annum. The system of releasing 'On Account' as well as balance payment of concession continued as it
was.
W.e.f. 1.5.2010, the Nutrient Based Subsidy Policy has also been extended to SSP.

The rate of subsidy and MRP of SSP during the year 1993-94 to 2014-15 is as under:
Period Rate of Subsidy MRP (in Rs. PMT
Under Concession Scheme
1993-94 to 2007-08 Different amount of Upto 30.4.2008, MRP was fixed by respective
subsidy State Governments for sale of SSP within
their State
2008-09 Month-wise subsidy W.e.f. 1.5.2008 to 30.9.2009, All India MRP
(1.5.2008 to 30.9.2009) announced by GOI as of Rs. 3400 PMT
mentioned below Table-
A

2009-10 Rs. 2000 PMT W.e.f 1.10.2009 to 30.4.2010, MRP open


(1.10.2009 to 30.4.2010)
Under NBS scheme
May 2010 to Dec.2010 4400 MRP under control as per MOU (Rs. 3200 per
Jan. 2011 to March 2011 4296+Rs. 200 freight MT)
April 2011 to March 2012 5359 open MRP w.e.f. 3.5.2011
April 2012 to March 2013 3673 open MRP
April 2013 to March 2014 3173 open MRP
April 2014 to March 2015 3173 open MRP
Table A
Rate of Concession for SSP for the period May 2008 to September 2009 under Concession Scheme for
SSP (Policy Notification No. 22011/4/2007-MPR dated 25.8.2008 was based on report of Cost Account
Branch 2004) (Fixed all India MRP of Rs. 3400/- PMT and month-wise concession applicable for
imported and indigenous Rock)
Month/year Rates of Concession based on Rates of Concession based on
Imported Rock Phosphate Indigenous Rock Phosphate
(Rs. PMT) (Rs. PMT)
May, 2008 6406 4587
June, 2008 8942 5383
July, 2008 9160 5674
August, 2008 10391 6776
September, 2008 11661 6990
October, 2008 13003 5823
November,2008 7914 3070
December, 2008 8965 2012
January, 2009 8075 1967
February, 2009 7503 1961
March, 2009 5870 1944
April, 2009 2927 1873
May, 2009 2709 2006
June, 2009 2453 1982
July, 2009 2510 1986
August 2009 1951 2331
September 2009 2251 2295

8. Quality of Fertilizers
The Government of India has declared fertilizer as an essential commodity under the Essential Commodities Act,
1955 (ECA) and has notified Fertilizer Control Order, 1985 (FCO) under this Act. Accordingly, it is the
responsibility of the State Governments to ensure the supply of quality of fertilizers by the
manufacturers/importers of fertilizers as prescribed under the FCO under the ECA. As per the provision of the
FCO, the fertilizers, which meet the standard of quality laid down in the order can only be sold to the farmers.
There are 71 fertilizer testing laboratories including four laboratories of the Government of India at Faridabad,
Kalyani, Mumbai and Chennai with an annual analyzing capacity of 1.34 lakh samples. The quality of the
fertilizers imported in the Country is invariably checked by the fertilizer quality control laboratories of the
Government of India.
The State Governments are adequately empowered to draw samples of the fertilizers anywhere in the Country
and take appropriate action against the sellers of Non- Standard fertilizers. The penal provision includes
prosecution of offenders and sentence if convicted up to seven years imprisonment under the ECA, 1955 besides
cancellation of authorization certificate and other administrative action. The Department of Fertilizers make
deductions along with penal interest on the quantity of the fertilizers for which the State Governments have
reported to be Non- Standard.
Payment of concession for P&K fertilizers and for Single Super Phosphate (SSP) is made by the Department
taking into account the certificate of quality given by the respective State Governments in Proforma 'B' for the
fertilizers received and sold in the State. Further, SSP units are required to produce month-wise 'Quality
Certificates' issued by the State Governments of the State in which the units are located. The units are required
to have well equipped laboratory to test the sample of its SSP.
The SSP units are also required to print 'Quality Certified' on each bag released in the market. DOF also deputes
PDIL to conduct first time technical inspection of the new SSP units. PDIL conducts six monthly inspections of the
SSP units to check the quantity and quality of the fertilizers for which the units are claiming payment of subsidy.
The units are also required to use only those grades of Rock Phosphate as inputs for manufacturing SSP under
the NBS, which are notified by DOF from time to time. A statement showing the notified grades is at Annexure-
XIII. DOF has also asked the State Government to constitute teams with that of PDIL to test samples of Single
Super Phosphate (SSP) at the retailer level. The marketers of the SSP are also responsible for the quality of the
fertilizer marketed by them. Department of Fertilizers has also constituted vigilance teams of the Officers of the
Department to check the availability and quality of the fertilizers in the States.

9. Subsidy outgo on P&K fertilizers and Urea during the last 10 years:

(in Rs. Crore)


Year Subsidy on Subsidy Subsidy on Subsidy Total subsidy outgo (P&K
P&K Regime for Urea Regime and Urea)
fertilizers P&K for urea
fertilizers fertilizer
2005-06 6596.19 Concession 12793.45 19389.64
2006-07 10298.12 Scheme 17721.43 28019.55
2007-08 16933.80 26385.36 New 43319.16
2008-09 65554.79 33939.92 Pricing 99494.71
2009-10 39452.06 24580.23 Scheme 64032.29
2010-11 41500.00 24336.68 65836.68
2011-12 36107.94 NBS regime 37683.00 73790.94
2012-13 30576.10 40016.00 70592.10
2013-14 29426.86 41853.30 71280.16
2014-15 24670.30 47400.00
(BE) 72070.30

10 Study on the impact of NBS Policy:


In order to have better results in implementation of NBS Policy, the Department has assigned the task of study of
impact of NBS policy to a consultancy firm namely M/s Ernst & Young(EY). The key focus areas of the Study are
as under:

(i) Impact of NBS Policy on prices and availability of fertilizers in India.


(ii) Impact of NBS Policy on balance fertilization of soil and its impact on agricultural productivity.
(iii) Mechanism to ascertain reasonability of MRP.
(iv) Identification of additional mechanism under NBS policy to make it more effective in achieving its objectives.
(v) Monitoring and regulation of prices.
(vi) Price Discovery and Fixation of Prices.
The report received from M/s EY has been circulated to concerned Ministries for their comments. The
Department will take appropriate measures in this regard after examination of comments received from
concerned Ministries/Departments and stake holder companies.

Highest Maximum Ratail Price (MRP) in Rs/MT of P&K fertilizers fixed by the fertilizer com
Nutrient Based Subsidy regime

Grades of 10-11(Qtr. Wise) 11-12(Qtr. Wise) 2012-13(Qtr. Wise) 201


#
Fertilizers
I II III IV I II III IV I II III IV I
DAP :
1 18-46-0- 9950 9950 9950 10750 12500 18200 20297 20000 24800 26500 26500 26500 265
0
MAP :
2 9950 NA NA NA 18200 20000 20000 20000 24200 24200 NA NA
11-52-0-0
TSP : 0-
3 8057 8057 8057 8057 8057 8057 17000 17000 17000 NA NA 17000 NA
46-0-0
4 MOP : 0- 5055 5055 5055 5055 6064 11300 12040 12040 16695 23100 24000 18750 186
0-60-0
16-20-0-
5 6620 6620 6620 7200 9645 14400 15300 15300 15300 18200 18200 18200 172
13
20200-
6 7280 7280 7395 8095 11400 14800 15800 15800 19000 24800 19176 24800 204
13
23230-
7 NA NA NA 7445 7445 7445 Excluded from NBS Policy
0
1026
8 8197 NA 8300 10103 10910 16000 16633 16386 21900 22225 22225 22225 222
26-0
1232
9 8637 8237 8637 9437 11313 16400 16500 16400 22300 23300 22500 24000 233
16-0
1428
10 NA NA NA NA 14950 17029 NA NA NA NA NA NA
14-0
1435
11 NA NA NA 9900 11622 15148 17424 17600 17600 23300 23300 23300 233
14-0
1515
12 NA NA NA 7421 8200 11000 11500 11500 13000 15600 15600 15600 156
15-0
AS: 20.3-
13 8600 8600 7600 8700 7600 11300 10306 10306 11013 11013 11013 11013 111
0-0-23
14 20-20-0-0 5943 NA 6243 7643 9861 14000 15500 18700 18700 24450 24450 18500 155
28280-
15 NA NA NA 11181 11810 15740 18512 18700 24720 24720 23905 23905 239
0
1717
16 17710 20427 20522 20572 20672 206
17-0
1919
17 18093 19470 19470 19470 NA NA
19-0
SSP(0- 620
18 3200 3200 3200 3200 3200 4000 to 6300 6500 to 7500
16-0-11)* 990
16-16-16-
19 7100 7100 7100 15200 15200 15200
0
DAP lite
20 (16-44-0- NA 11760 17600 19500 19500 19500 24938 24938 24938 249
0)
15-15-15-
21 6800 9300 12900 15750 14851 15000 15000 15000 NA NA
09
22 24-24-0-0 7768 9000 11550 14151 14297 14802 16223 16223 18857 188
23 13-33-0-6 16200 17400 17400 17400 17400 17400
MAP lite
24 (11-44-0- 16000 18000 18000 18000 21500 21500
Excluded fr
0)
DAP lite-
25 14900 18690 18300 18300 24800 24800
II(14-46-
0-0)
MRP is
exclusive of
Taxes
Fertilizers grade mentioned at Sr No 7,23,24,25
are not under subsidy scheme presently.
Blank space/NA means not available in the
market/not under subsidy scheme.

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