Urea Current Affairs, GK & News
Indian Farmers Fertiliser Cooperative (IFFCO) will launch Nitrogen fertilizer-based Nano Urea in market in June 2021. Highlights A 500-ml Nano Urea is equivalent to 45kg of normal urea. 500 ml urea costs around 240 rupees. Apart from that, it will reduce input cost of farmers by 15% and cultivation will increase the yield by about ..
Month: Current Affairs - May, 2021
Category: Economy & Banking Current Affairs
The Cabinet Committee on Economic Affairs recently approved subsidy for Urea that are to be produced by TFL. TFL is a state-run fertilizer plant. It is Talcher Fertilizer Plant. About the Plant The TFL is to commission a new fertilizer plant in Odisha. This plant will produce urea through coal gasification. The Government of India ..
The Cabinet Committee on Economic Affairs has recently approved the proposal of Department of fertilizers to remove ambiguities in the Modified New Pricing Scheme -III (NPS-III) in determining the fixed costs for the urea units. The Modified NPS-III was notified on 2nd April, 2014 but it has not been implemented. This approval will result in ..
The Status of Indian Coffee report was released in early December highlighting one of the biggest crisis situation faced by the Karnataka coffee belt. The Karnataka Growers’ Federation reported that the state production has dropped by 40%. Karnataka accounts for 70% of the total national production of coffee which stands at about 3.2 lakh tonnes. ..
The policymakers are pondering over a question whether it is worth “making” urea at $ 400 per tonne or more when you can import (“buy”) at under $300?. Other sections advocate for achieving self-sufficiency in this critical nitrogenous fertilizer. Why India must augment the capacity of local production? The domestic production cost also involves customs ..