Question : CHANGES IN FERTILIZERS POLICY



(a) whether it is a fact that Government have proposed to make changes in the Fertilizers Policy;

(b) if so, the details of the changes proposed to be made therein; and

(c) the likely impact of the proposed policy ?

Answer given by the minister


THE MINISTER OF CHEMICALS AND FERTILIZERS (SHRI SUKHDEV SINGH DHINDSA)

(a) to (c): A statement is laid on the table of the House.


Statement referred to in reply to parts (a) to (c) of Lok Sabha Starred Question No. 391 to be answered on 17.12.2002

(a) to (c): Government is in the process of formulating a new pricing policy for urea units keeping in view the recommendations of Expenditure Reforms Commission for replacing the existing Retention Price Scheme. The proposed new policy will be in the shape of Group Concession Scheme and is proposed to be introduced w.e.f. 1.4.2003. The new policy will aim at greater transparency, uniformity and efficiency in subsidy disbursements to urea units and will induce urea manufacturers to take cost reduction measures on their own and be competitive.