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Govt is importing approximately 20 Lakh Metric Tonnes of urea: Minister

Updated: Jan 08, 2019 11:05:19am
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Govt is importing approximately 20 Lakh Metric Tonnes of urea: Minister

New Delhi, Jan 8 (KNN) The Government is importing approximately 20 Lakh Metric Tonnes of urea from Oman India Fertiliser Company (OMIFCO), said Minister of State for Planning (IC) and Chemicals &Fertilizers, Rao Inderjit Singh, in a written reply to a question on norms fixed by the Government for the agencies importing urea.

Singh stated that in order to bridge the gap between the assessed requirement and estimated production, the Department of Fertilizers (DoF) has been importing urea on government account. 

At present the import of Urea is canalized through the two State Trading Enterprises (STEs) viz MMTC & STC.

For each season, the quantity of urea to be imported is decided by Steering Committee of Secretaries (SCOS). 

Steering Committee of Secretaries, consists of Secretary (Fertilizers) (as Chairman), Chairman Railway Board, Secretary (Commerce), Secretary (Expenditure), Secretary (Agriculture) and Secretary (Shipping).

SCOS decides the overall quantity of urea required to be imported on Government Account and authorizes Secretary (Fertilizers) as Chairperson of SCOS to determine the timing, quantity and STE to import urea on Government Account for ensuring adequate availability of urea in the country, Singh informed.

Further, there is no complaint received against any of the agencies importing urea, the Minister added.

He said that the price of urea is determined on the basis of demand and supply of urea in the international market.

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