Govt. making all efforts for ease of doing business in Fertilizer Sector

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25 July 2020, New Delhi: Union Minister for Chemicals and Fertilizer Mr. D.V Sadananda Gowda has said that NDA Government is making all efforts for ease of doing business in fertilizer sector.

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Elaborating Various initiatives taken by the government in this direction Mr. Gowda said the Department of Fertilizers has rolled out a More Farmer Friendly DBT 2.0 Version in July 2019 to improvise the existing DBT system and make it more user friendly. DBT 2.0 Version has three components namely, DBT Dashboard, PoS 3.0 Software and Desktop PoS version.

DBT in Fertilizers received 2 (two) awards namely, “SKOCH Gold Award for Governance’’ 9 and “Governance Now” Digital Transformation Award .

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Highlighting the efforts made by government to ease the supply network for fertilizers in the country Mr. Gowda stated that coastal shipping as an additional mode of transportation has been promoted.

Reimbursement of Freight Subsidy

For this the policy for reimbursement of freight subsidy for distribution of subsidized fertilizers through coastal shipping or / and inland waterways was announced. During 2019-20, 1.14 LMT of fertilizers have been moved through coastal shipping.

Referring to cost fixation rules for urea units union minister said that with the approval of CCEA his Department vide notification dated 30th March, 2020 removed the ambiguities in the Modified NPS-III.

This will facilitate smooth implementation of Modified NPS-III which will result in grant of Additional Fixed Cost of Rs.350/MT to 30 Urea units. Additionally, it will also have special compensation of Rs. 150/MT to Urea units which are more than 30 years old and converted to gas which will incentivize these units to remain viable for sustained production. Moreover, it will facilitate continued operations of the urea units resulting in sustained and regular supply of Urea to the farmers.

Photo on VisualHunt.com

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