Urea import rises 2.5% to 78.65 lakh tonne

Urea import rises 2.5% to 78.65 lakh tonne New Delhi: Urea imports have increased by 2.5 percent to 78.65 lakh tonne in the first 11 months of this fiscal, Parliament was informed on Thursday.

"The import of urea during 2012-13 (till February 2013) is 78.65 lakh tonnes as compared to 76.75 lakh tonnes during the same period of 2011-12 (April-February, 2012)," Minister of State for Chemicals and Fertilisers Srikant Jena said in a written reply to the Lok Sabha.

Urea is provided to farmers at a fixed subsidised maximum retail price (MRP) of Rs 5,360 per tonne. The difference between the delivered cost and MRP of urea is provided as subsidy.

The domestic production of urea stands at about 220 lakh tonne.

The minister said that the government provides a fixed subsidy on phosphatic and potassic fertilisers (P&K) based on their nutrient content under Nutrient Based Subsidy (NBS) scheme being implemented from April 2010.

At present, 22 P&K fertilisers covered under NBS are provided at subsidised prices to farmers.

PTI