Bulletin Updates

NBS rates make production and imports unviable: Company – 28 May 2024

May 28, 2024

This company made the following statement

"Nutrient Based Subsidy (NBS) rates for Kharif’24 announced in March’24 are broadly non-remunerative for the industry. At current MRP & NBS subsidy, barring few NPK grades, Imports as well Manufacturing of DAP & NPK fertilizers is broadly non-viable."

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