Question : FERTILIZER VIDESH



(a) Whether the Government proposes to set up an independent company Fertilizer Vidtsh;

(b) If so. whether the said company is likely to make available raw material to domestic fertilizer industry;

(c) If so, the details thereof

(d) Whether, availability of fertilizers is likely to be affected as a result thereof;

(e) if so. the details thereof

(f) whether public sector companies are likely to have stake in the said company;

(g) if so, the details thereof

Answer given by the minister


MINISTER OF THE STATE IN THE MINISTRY OF CHEMICALS AND FERTILIZERS AND MINISTER OF STATE OF THE MINISTRY OF PARLIAMENTARY AFFAIRS (SHRI B.K. HANDIQUE)

(a) to (g) The possibility of setting up an organization / company, with majority stake of fertilizer Public Sector Undertakings, with the aim of facilitating import of raw materials, intermediates and finished fertilizers in the country on a sustained basis at reasonable prices, and exploring possibilities of joint ventures and investments abroad, especially in the field of phosphatic & potassic fertilizers, is under consideration. No decision has yet been taken.