FERTILIZER SUBSIDY – POLITY

News: Cabinet nod ₹1.08 lakh crore kharif fertilizer subsidy

 

What's in the news?

       With fertilizer prices continuing to remain high due to global factors - such as a fall in production and hiked logistics costs, especially due to the Ukraine situation - the Centre expects this year’s fertilizer subsidy to cross ₹2.25 lakh crore.

       Accordingly, the Union Cabinet approved a ₹1.08 lakh crore subsidy for the ongoing kharif or monsoon season.

 

Key takeaways:

       For farmers, urea and DAP prices will remain unchanged during the season.

       Due to a global factors, imported fertilizer remains expensive, but annual subsidy expected to be slightly lower than last year.

       The rate of subsidy is based on the average price of fertilizer imported to the country in the last six months.

 

Fertilizer production:

       India's urea production to the total fertilizer production is around 86% and 52% of its total urea consumption is met through imports.

       India produces around 52% of its total phosphatic fertilizer consumption.

       India imports all the potassic fertilizers as it lacks in potassium resources.

 

Why fertilizer subsidy?

       The fertilizer subsidy has helped insulate the farmers from the impact of a steep increase in the cost of all fertilizers due to sharp rise in international prices of fertilizers and raw materials.

 

Fertilizer subsidy in India:

       Every year the amount of fertilizer subsidy is around 1.1% of the GDP.

       The difference between the cost of production/import of a fertilizer and the actual amount paid by farmers is the subsidy portion borne by the government.

 

Subsidy on Urea:

       The Centre pays subsidies on urea to fertilizer manufacturers on the basis of cost of production at each plant and the units are required to sell the fertilizer at the government-set Maximum Retail Price (MRP). (Retention Pricing)

 

Subsidy on Non-Urea Fertilizers:

       The MRPs of non-urea fertilizers are decontrolled or fixed by the companies. The Centre, however, pays a flat per-tonne subsidy on these nutrients to ensure they are priced at “reasonable levels”. (Nutrient Based Subsidy)

 

Issues in the fertilizer subsidy system:

1. Leakages:

       Most of the ureas are diverted to non-agriculture purposes such as industries buying ureas.

       About 10 lakh tonnes of agriculture-grade urea is getting diverted every year. The subsidized urea is getting diverted mainly to industries.

2. Reduced soil fertility:

       Over use of Fertilizers with imbalanced usage causes soil degradation.

       Ideal average NPK use ratio for the country is 4:2:1. This ratio was almost near to ideal at 4.3:2:1 in 2009-10 but got distorted to 8.2:3.2:1 in 2012-13. This got corrected to 6.5:2.8:1 during 2020-21. However, it again widened to 7.7:3.1:1 in 2021-22.

3. No benefit to targeted groups: 

       Every year around 6000 crore worth of leakages is happening in the fertilizer subsidies.

4. Bulk buying:

       At present, the Centre is following a “no denial” policy.

       Anybody, non-farmers included, can purchase any quantity of fertilizers through the PoS machines.

       It obviously allows for bulk buying by unintended beneficiaries, who are not genuine or deserving farmers.

       While there is a limit of 100 bags that an individual can purchase at one time, it does not stop anyone from buying any number of times.

5. Environmental effects:

       Higher usage of fertilizers causes contamination of the groundwater.

6. Fiscal burden: 

       Fertilizer subsidies are increasing year by year.

       Every year the amount of fertilizer subsidy is around 1.1% of the GDP.

7. Loss to Urea industries:

       The viability of the urea industry is affected because of the delay in the approval of minimum fixed cost and non-revision of fixed cost since 2002-03, except nominal increase allowed under Modified NPS-III policy since 2014.

       Fixed cost of urea has gone up drastically over 2002-03 and are significantly higher than the level being reimbursed.

       It does not take into account large investments made in recent years in energy reduction projects and plant reliability expenditures.

 

Government initiatives:

1. Neem Coating of Urea:

       The Department of Fertilizers (DoF) has made it mandatory for all the domestic producers to produce 100% urea as Neem Coated Urea (NCU).

       The benefits of use of NCU are as under:-

       Improvement in soil health.

       Reduction in usage of plant protection chemicals.

       Reduction in pest and disease attack.

       An increase in yield of paddy, sugarcane, maize, soybean, Tur/Red Gram.

       Negligible diversion towards non-agricultural purposes.

       Due to slow release of Nitrogen, Nitrogen Use Efficiency (NUE) of Neem Coated Urea increases resulting in reduced consumption of NCU as compared to normal urea.

2. Gas Pooling Policy, 2015:

       All urea units would get gas at a uniform price. It seeks to change the industry dynamics in the Urea sector by leveling gas costs for all players.

3. Policy on Promotion of City Compost:

       The Government of India approved a policy on promotion of City Compost, notified by the DoF in 2016 granting Market Development Assistance of Rs. 1500/- for scaling up production and consumption of city compost.

       To increase sales volumes, compost manufacturers willing to market city compost were allowed to sell city compost in bulk directly to farmers.

       Fertilizer companies marketing city compost covered under the Direct Benefit Transfer (DBT) for Fertilizers.

4. New Urea Policy (NUP) 2015:

Objectives of the policy are,

       To maximize indigenous urea production.

       To promote energy efficiency in the urea units.

       To rationalize the subsidy burden on the Government of India.

5. Nano urea:

       It is urea in the form of a nanoparticle. It is a nutrient (liquid) to provide nitrogen to plants as an alternative to the conventional urea.

       It is developed to replace conventional urea and it can curtail the requirement of the same by at least 50%.

       It contains 40,000 mg/L of nitrogen in a 500 ml bottle which is equivalent to the impact of nitrogen nutrient provided by one bag of conventional urea.

6. Pradhan Mantri Bhartiya Jan urvarak Pariyojna (PMBJP):

       Under One Nation One Fertilizers, companies are allowed to display their name, brand, logo and other relevant product information only on one-third space of their bags.

       On the remaining two-thirds space, the “Bharat” brand and Pradhanmantri Bharatiya Jan Urvarak Pariyojana logo will have to be shown.

       The single brand name for UREA, Di-Ammonium Phosphate DAP, Muriate of potash (MOP) and Nitrogen Phosphorus Potassium NPK etc. would be BHARAT UREA, BHARAT DAP, BHARAT MOP and BHARAT NPK etc. respectively for all Fertiliser Companies, State Trading Entities (STEs) and Fertiliser Marketing Entities (FMEs).

       This scheme applies to both public & private sector companies.

       It will bring about uniformity in fertilizer brands across the country.

WAY FORWARD:

1. Self-Reliance:

       We need to be self-reliant and not depend on the import of fertilizers.

2. Extend Nutrient based subsidy (NBS) mode to Urea:

       We need to extend the NBS model to urea and allow for price rationalization of urea compared to non-nitrogenous fertilizers and prices of crops.

3. Organic Fertilizers:

       We need to shift towards non-chemical fertilizers like organic and biofertilizers and bring parity in prices and subsidies given to chemical fertilizers with organic and biofertilizers.

       This also provides the scope to use large biomass of crop that goes waste and enhance the value of livestock by-products.

4. Need based fertilization:

       India should pay attention to improving fertilizer efficiency through need-based use rather than using excess fertilizer in the field.