Production of diammonium phosphate (DAP) fell 7.3% in the April-October period while imports plunged nearly 30%, showed data from the Fertiliser Association of India (FAI), which represents fertilizer makers, importers and distributors. DAP is widely used in farming wheat, pulses and mustard, popular winter (rabi) crops.
The agriculture sector is India's largest employer, and poor yields resulting from insufficient soil nutrients could have an adverse impact on rural incomes and the wider economy.
"Due to disturbances in the global supply chain, we are not receiving enough raw materials required to manufacture fertilizers. Additionally, we are not getting sufficient raw materials from China, as it has stopped exporting key inputs, citing an uptick in its own domestic demand," FAI chairman N. Suresh Krishnan said.
Esta historia es de la edición December 04, 2024 de Hindustan Times.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición December 04, 2024 de Hindustan Times.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.
Ya eres suscriptor? Conectar
Airlines prep to minimize delays ahead of foggy days
DELHI AIRPORT HAS CHALKED OUT PLANS TO IMPROVE PASSENGER EXPERIENCE DURING FLIGHT DISRUPTIONS
Vegetable inflation drives up thali costs 7% y-o-y in November
The cost of a home-cooked vegetarian meal, or thali, climbed 7% year-on-year in November, driven by a sharp rise in vegetable prices, rating agency Crisil Ltd said on Thursday.
Imported luxury shoes stumble on new quality rules
Do you collect luxury leather, suede or satin shoes or are you a big sneakerhead? You may have to wait for several months for a new pair.
LG FILES FOR INDIA IPO IN KOREA INC.'S 2ND STREET OUTING
The Indian arm of LG Electronics on Friday filed for an initial public offering (IPO), becoming the second South Korean conglomerate to sell its shares in the country after automobile giant Hyundai Motor Co.
Toll revenue growth slows, may fall short of FY25 goal
India targets to more than double the highway toll revenue to ₹1.3 lakh cr by 2030
Q3 growth will offset Q2 slowdown: Sitharaman
The third quarter of current fiscal year will make up for the slower second quarter growth rate, finance minister Nirmala Sitharaman said on Friday, adding that the blip was temporary and \"not systemic,\" which was an outcome of administrative focus shifting from capital expenditure to the general election.
Syrian insurgents enter two central towns near Homs city
Syrian insurgents entered two central towns on Friday just north of the central city of Homs, bringing them closer to Syria's third largest city, an opposition war monitor and pro-government media both reported.
World Bank announces $100bn support for world's poorest countries
The World Bank announced on Thursday that it had raised close to $24 billion to provide loans and grants for some of the world's poorest nations, which it can leverage to generate a record $100 billion in total spending power.
'Trump's threat won't halt BRICS payment'
Work will continue on the BRICS settlement system despite US President-elect Donald Trump's threat to impose 100% import duties on countries that try to undermine the dollar, the RIA news agency cited a senior Russian official as saying, on Friday.
TRUMP NAMES EX-SENATOR PERDUE AS CHINA ENVOY
President-elect Donald Trump said on Thursday he has selected former Senator David Perdue of Georgia to serve as his ambassador to China, leaning on a former business executive turned politician to serve as the administration's envoy to America's most potent economic and military adversary.