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Govt lifts curb on industrial urea imports

29 Apr 2015 Evaluate

In a move aimed at improving ease of doing business in the country and checking diversion of urea, the government lifted the curb on importing industrial and technical grade urea. Earlier, the government allowed imports of urea, but only through state trading enterprises, India Potash, MMTC and STC. The imports of industrial and technical grade urea have been less due to diversion of urea meant for farm sector to industrial usage.

Industry body, Fertiliser Association of India (FAI) Director General Satish Chander welcomed this decision and stated that with this industry can now directly import urea for its usage and will not have to take government's permission.

India's urea imports went up 23% to 87.49 lakh tonnes last fiscal on higher demand. The country, which is among the world's top three consumers of urea had imported 70.88 MT of the fertiliser in 2013-14 and produces about 22 million tonnes (MT) of urea as against the annual domestic demand of 30 MT. 

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