Business

Government Increases Fertilizer Subsidy for Farmers in Response to Rising Global Prices, Says Minister

Published

1 year ago

March 19, 2025

On Tuesday, Parliament was informed that the government has introduced special fertiliser packages for Di-Ammonium Phosphate (DAP) beyond the existing Nutrient-Based Subsidy (NBS) rates. This measure aims to ensure that farmers have access to DAP at affordable prices, especially in light of supply disruptions stemming from geopolitical tensions.

Union Minister of State for Chemicals and Fertilisers, Anupriya Patel, stated that due to the geopolitical climate affecting the procurement of DAP by fertiliser companies in the 2024-25 period, a one-time special package has been approved. This package offers DAP at a rate of Rs 3,500 per metric tonne on actual Point of Sale during March 2024, and it has now been extended until March 31, 2025, to facilitate reliable availability of DAP at reasonable prices for farmers.

The minister also highlighted that urea is supplied to farmers at a statutorily fixed Maximum Retail Price (MRP) of Rs 242 for a 45 kg bag, excluding neem coating and applicable taxes. The government provides subsidies to urea manufacturers and importers to cover the difference between the farm gate price of urea and the net market returns.

Under the NBS scheme, a fixed subsidy amount is allocated annually or bi-annually for subsidized P&K fertilizers, such as DAP, based on their nutrient content. The P&K sector operates on a decontrolled basis, allowing fertiliser companies to set their MRP at reasonable levels, which are subject to government monitoring. This framework enables fertiliser companies to manufacture or import according to market demands while ensuring that prices remain manageable for farmers.

Additionally, Patel noted that the Indian Council of Agricultural Research (ICAR) has studied the long-term effects of chemical fertilizers on various soil types within dominant cropping systems. Research conducted over five decades at designated sites has shown that with balanced use, chemical fertilizers do not adversely affect soil fertility. However, imbalanced application and insufficient organic matter over time can lead to multi-nutrient deficiencies and deterioration of soil health. Continuous reliance on nitrogenous fertilizers alone can negatively impact soil conditions and crop yields, demonstrating deficiencies in other essential nutrients.

Investigations have revealed that even with NPK fertilization, nutritional deficiencies in secondary and micro-nutrients may develop, consequently affecting soil health and agricultural productivity. The most significant reduction in crop yields was observed in plots that received only urea. In contrast, the use of drip irrigation (fertigation) has been shown to enhance crop yields with a reduced requirement for water and fertilizers due to improved efficiency in resource use, the minister concluded.

Business

Fuel Prices Hiked by Rs.3 per Litre across India

Published

2 days ago

May 15, 2026

Namma Kudla

New Delhi: Petrol and diesel prices have been increased by Rs.3 per litre across the country from today. Oil marketing companies revised the rates due to the rise in global crude oil prices.

After the hike, petrol price in Bengaluru has reached Rs.106.17 per litre, while diesel now costs Rs.94.10 per litre.

The increase comes amid fluctuations in international crude oil prices and tensions in West Asia, including the Iran conflict. The fall in the value of the Indian rupee against the US dollar has also increased import costs.

The fuel price hike is expected to affect transportation and daily essentials. Transport charges for goods may rise, leading to higher prices of vegetables, fruits, milk, and other items. Bus, auto, and taxi fares may also increase.

Earlier, fuel prices were reduced before the 2024 Lok Sabha elections. In 2022, the Centre had also cut excise duty to control inflation after the Covid pandemic.

Business

Gold Prices Rise in Mangaluru; Demand for Ornaments Remains Strong

Published

2 weeks ago

May 4, 2026

Namma Kudla

Mangaluru: Gold prices in the coastal city of Mangaluru have been reported at high levels today. The rate for 24 karat gold (99.9% purity) stands at Rs.14,962 per gram. The price for 22 karat gold (91.6% purity) is Rs.13,715 per gram. Meanwhile, 18 karat gold (75% purity) is being sold at Rs.11,222 per gram.

Mangaluru is well known for its deep cultural connection with gold. The city has a long tradition of buying and wearing gold ornaments. This tradition continues strongly even today.

Local jewellers say that demand for gold remains steady despite high prices. Many people still prefer to invest in gold for safety and long-term value. Gold is also an important part of weddings and festivals in the region.

Apart from its love for seafood, Mangaluru is also famous for its gold market. The gold trade in the city has a long history and continues to grow.

Buyers are advised to check the latest rates before making a purchase. They can also use a gold rate calculator to get exact pricing based on weight and purity.

Experts say that gold prices may change depending on global market trends. Customers should stay updated and make careful decisions while buying gold.

Business

Pune FDA Seizes 3,800 Kg of Adulterated Mango Pulp in Major Crackdown

Published

1 month ago

April 15, 2026

Namma Kudla

In a major action against food adulteration, the Food and Drug Administration (FDA) in Pune has seized over 3,800 kilograms of mango pulp mixed with unsafe food colours.

The raid was carried out after officials received confidential information about illegal production activities in the district. Acting quickly, an FDA team traced the source to a manufacturing unit in Urse village in Maval taluka.

During the inspection, officers found that the mango pulp was being prepared using unauthorised food colours and other banned substances. These materials are not allowed under food safety rules and can be harmful to consumers.

The unit was reportedly operated by Mohammad Ekramul, also known as Akram Gulam. Authorities said the facility was violating multiple food safety regulations.

Officials immediately seized the adulterated stock and stopped further production at the site. The FDA has also begun investigating the supply chain to identify where the products were being distributed.

Authorities warned that strict action will be taken against those involved in food adulteration. They also urged the public to stay cautious while buying food products, especially during the mango season.

Further investigation into the case is currently underway.