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NBS fertilisers — unlike urea, whose maximum retail price (MRP) is fixed by the government — are technically decontrolled. Under the NBS scheme, introduced in April 2010, their MRPs are supposed to be market-determined and set by the individual companies selling them.
Price controls have resulted in companies now only “distributing” and not “marketing” fertilisers, says MD of Yara Fertilisers India Pvt. Ltd.
The nation's farmers and ranchers are actually reducing greenhouse gas emissions. Ag represents only 10 percent of total emissions in the U.S., much lower than other sectors.