The government secured fertiliser supplies during the crisis precipitated by the Russia-Ukraine war. Despite facing challenges, the government has forged long-term agreements and created joint ventures with resource-rich nations.
It is supporting industry in identifying opportunities across the value chain by strengthening domestic operations, building long-term partnerships, investing in resource-rich geographies for securing raw materials and promoting alternate fertilisers and natural farming.
Atmanirbhar Bharat (Self-Reliant India) Abhiyan
- This mission was announced during the pandemic with an allocated funds worth Rs. 20 lakh crore (US$ 268.74 billion), which is approximate 10% of India’s GDP.
- It provides a stimulus package to help recover the economy by providing incentives for domestic production.
- The key objectives of the mission are:
- Develop India into a global supply chain hub.
- Build the government’s trust in the private sector capabilities and prospects.
- Establish ‘good force multipliers’ for Indian manufacturers.
- Enter the global markets to export goods including agriculture, textiles, clothing, and jewellery.
- Determine adequacy of each sector (e.g., defence, agriculture, healthcare, infrastructure, etc.)to achieve self-reliance.
- The mission encompasses themes such as ‘Local for Global: Make in India for the World’ and ‘Vocal for Local.’
Vocal for Local Call
- It is a call for a comprehensive civilisational self-renewal which articulates India’s engagement with the world at a time when the narrative of globalisation is being sharply debated and examined.
- Vocal for Local initiative is not just about import substitution; it is about creating a self-sustaining and self-generating economy.
- India’s department of fertilisers has made significant strides in achieving self-reliance in the sector.
How did India Achieve Self-Reliance in the Fertiliser Sector?
Proactive Steps by the Government
- The government has taken proactive stance in securing fertiliser supplies during the crisis caused by the Russia-Ukraine war.
- Despite facing challenges such as scarcity of raw materials, gas, oil, rock phosphate and potash, the government has forged long-term agreements and created joint ventures with resource-rich nations.
Government Provided Support to Industry
- It is supporting industry in identifying opportunities across the value chain by strengthening domestic operations, building long-term partnerships, investing in resource-rich geographies for securing raw materials and promoting alternate fertilisers and natural farming.
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Setup of Overseas Joint Ventures
- Industry has been encouraged to set up overseas joint ventures to secure raw materials.
- Joint venture plants have been set up in some countries with buy-back agreements and assured off-take agreements for the supply of 10 LMT of rock phosphate and 6.55 LMT of phosphoric acid.
- As a result of strategic partnerships with countries such as Jordan, Saudi Arabia, Oman, Canada, etc, India has secured a supply of 157 LMT (lakh metric tonnes) of various fertilisers for three years and 32 LMT for four years.
Push to Domestic Industry
- The government has also encouraged the domestic industry and public sector undertakings to sign long-term agreements for the import of raw materials/intermediates such as ammonia, phosphoric acid, and sulphur.
- These initiatives have enabled India to diversify its product portfolio and produce more NPK complexes, which offer not only a wider range of products to farmers but also ensure balanced nutrition.
Read also:- National Pharmaceutical Pricing Authority (NPPA)
Innovation in the field of Fertiliser Sectors: ‘Nano Urea’
- Government of India has recently notified the specifications of Nano nitrogen under the Fertilizer Control Order, 1985.
- Nano Fertilizers hold great promise for application in plant nourishment because of the size-dependent qualities, high surface-volume ratio, and unique optical properties.
- Nano fertilizer releases plant nutrients in a controlled manner contributing to higher nutrient use efficiency.
- During farmer field trials on 94 crops conducted by Indian Council of Agriculture Research (ICAR)- Krishi Vigyan Kendras (KVKs), an 8% increase in crop yieldwith foliar application of Nano urea was observed.
Key Achievements of Government’s Policy Framework for Fertiliser Sector
- Remarkable improvement in the opening stocks of DAP, MOP and other NPK fertilisers in Kharif 2023.
- The opening stocks have increased from 7.73 LMT, 2.47 LMT and 13.8 LMT in Kharif 2022 to 27 LMT, 14 LMT and 31.2 LMT respectively.
- The Department of Fertilisers has positioned India as a key player in the global fertiliser supply chain.
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An Atmanirbhar Move,An Atmanirbhar Move,An Atmanirbhar Move