Question : DECONTROL OF FERTILIZER INDUSTRY



(a) whether the Government propose to decontrol fertilizer industry in toto during the next six years; and

(b) if so, the details thereof?

Answer given by the minister

THE MINISTER OF STATE IN THE MINISTRY OF CHEMICALS AND FERTILIZERS (SHRI S. B. MOOKHERJEE)

(a)&(b): In keeping with the policy of economic liberalisation and reforms, all other varieties of fertilizers except urea have already been freed from price, movement and distribution control. The Government intends moving towards a deregulated regime in all the three types of fertilizers, that is, nitrogen, phosphatic and potassic, after taking into account its fiscal capacity on the one hand and making available fertilizers to the farmers at a reasonable price on the other. It is proposed to translate the intention of the Government into a concrete action plan by formulating a long term policy for the fertilizer sector which would include, inter-alia, the Government’s decisions on the recommendations made by the High Powered Fertilizer Policy Review Committee and Expenditure Reforms Commission, which are under examination.