NEW POLICY REGARDING
NPK/PHOSPHATIC MANUFACTURERS
As per the existing
policy, concessions for various grades of NPK fertilizers are
computed on the basis of rates of concession announced from time
to time for DAP and MOP. Tariff Commission (TC) has submitted
a report recommending computation of concession for NPK fertilizers
based on their normative cost of production. The exact implication
of proposed pricing policy for manufacturers producing different
grades of complex fertilizers would be known after the Government
introduced revised policy based on TC recommendations.
References have
been received from the Chief Minister and Minister for Major Industries,
Commerce and Export Promotion of Andhra Pradesh against the implementation
of TC Report.
The Government
is in the process of announcing new pricing policy for various
grades of complexes based on the cost price study of T.C. after
considering various representations including the views received
from fertilizer industry and of the various Departments/TC during
inter-ministerial consultations.
This information
was given by Shri Tapan Sikdar, Minister of state for Chemicals
and Fertilizers, in a written reply to a question in the Lok Sabha
today.
