Agriculture Industry

Urea sales witnessing surge across country

27 August 2020, New Delhi: Union Minister of Chemicals and Fertilizers Mr. DV Sadananda Gowda  has said that urea sales is witnessing surge this Kharif season almost everywhere in the country. 

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He said Government of India is taking every effort to strengthen supply from domestic units as well as from imports, when required. The cycle of import has been shortened to augment the supply in line with the peak in demand this season. 

Mr. Gowda was speaking to Agriculture Minister of Karnataka Mr. B .C  Patil today regarding availability of urea in Karnataka. 

The Minister said that urea stock is comfortable across the country. As far as State of Karnataka is concerned, the requirement projected for the entire Kharif 2020 season is 8.50 Lakh MT. Correspondingly, the requirement from 1st April to 26th August was 6.46 Lakh MT against which Department of Fertilisers has ensured an availability of 10.24 Lakh MT, including the opening stock of 3.16 Lakh MT.

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During this period, the sales of Urea have been 8.26 LMT as compared with the Sales of Urea of 5.20 Lakh MT during the corresponding period last year. 

Despite this unprecedented high demand for Urea this season, the Urea availability has remained comfortable in the State. 

Mr. Gowda appreciated steps taken by the Government of Karnataka against hoarders and black marketeers. 

He assured that supply of urea will be augmented in coming days, as per requirement. Department of Fertilisers is closely monitoring the availability situation, and steps have been taken by Department of Fertilisers to ensure that urea will be made available in time to farmers in Karnataka. 

Mr. Patil said that the supply of urea needs to be scaled up in the State. The State is seeing a significant increase in net sown area by nearly 11.17 lakh hectares which is 20 % more than previous five-year average. This has resulted in surge in urea demand and sales in the State.