ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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NEW DELHI-Mess in Fertilisers

NEW DELHI Mess in Fertilisers B M THOUGH classified as a core industry and accorded the highest priority for rapid development, the fertiliser industry in the public sector is right now in a total mess. Even while the demand for chemical fertilisers is rapidly rising and may well exceed five million tonnes for the nitrogenous variety alone, indigenous production, in both public and private sector plants, is lagging far behind and will not be able to meet even half the demand. So imports of fertilisers arc becoming a major and increasing drain of foreign exchange resources. Even so, the further expansion of the fertiliser indus- try, which at the moment appears possible only in the public sector because no private entrepreneur seems willing or able to take the risk of investing in this industry, remains blocked. Even the setting up of the new plants based on Bombay High gas, which were cleared by the Janata government, looks like being further delayed because the new government would like to give a second look to the construction arrangements for these plants. A committee has been set up for the purpose.

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