Di-ammonium phosphate fertilisers are the second most popular in India after urea, and on 19 May, govt decided to increase the subsidy on them by 140%.
India s federal police investigate bosses of two fertiliser companies Toggle share menu
Advertisement
India s federal police investigate bosses of two fertiliser companies
A farmer spreads fertiliser mixed with potash in his paddy field on the outskirts of Ahmedabad, India, on Jul 13. 2017. (File photo: REUTERS/Amit Dave)
20 May 2021 10:40PM (Updated:
24 May 2021 07:11AM) Share this content
Bookmark
MUMBAI: Indian authorities have opened an investigation into the heads of two leading fertilizer importing companies, alleging they secured commissions from overseas suppliers for inflating the prices of crop nutrient purchases.
The Central Bureau of Investigation (CBI), India s top crime fighting agency, said late on Wednesday it was investigating US Awasthi, managing director of Indian Farmers Fertilizer Cooperative (IFFCO), and Pravinder Singh Gahlaut, the managing director of Indian Potash (IPL).
Fertilizer Market to Witness Robust Expansion Throughout the Forecast Period 2020 – 2026
radoffMay 23, 2021
The report on the FertilizerMarket published by Stratview Research focuses on current trends, dynamics, insights and also predicts the market condition and its future during the forecast period of 2020 – 2027. The report provides in-depth insights into the market dynamics to enable informed business decision-making and growth strategy making based on the opportunities present in the market. The report is segmented by Application and Region and also covers the COVID-19 impact on the market.
Fertilizer Market is likely to witness a CAGR of 3.3% during the forecast period. Rapidly growing population and its increasing demand for food, water-soluble, and organic fertilizers are the major factors fueling the growth of the market during the forecast period.
CBI books IFFCO CEO Awasthi in corruption case, conducts searches business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.