Search Result for : Minister Of State For Chemicals And Fertilizers

Availability of fertilisers far exceeds the demand: Mandaviya

The Dollar Business Bureau The availability of overall fertilisers in the country is 129.92 lakh MT, which surpasses the overall demand of 95.84 lakh MT, said Minister of State for Chemicals and Fertilisers Mansukh L Mandaviya on Tuesday. “The availability of fertilisers far exceeds their requirement in the country,” Mandaviya said in a written reply to a question in Lok Sabha. “Nowadays, scarcity of fertilisers has become a thing of the past in the country which has been possible due to the visionary policies of current Government,” he added. The availability of urea, which is largely used by farmers in the country, is 80.28 lakh MT against the requirement of 63.64 lakh MT, informed Mandaviya. The availability of other fertilisers such as DAP (Diammonium phosphate) and NPK ...

Union Minister of Chemicals & Fertilizers launches Pharma Price Data Bank

Source: PIB, Government of India. The Union Minister for Chemicals and Fertilizers, Ananth Kumar addressing at the launch of the “Pharma Price Data Bank” an integrated Pharmaceutical Database management System (IPDM), in New Delhi on June 25, 2015. Source: PIB, Government of India.   The Union Minister of Chemicals & Fertilizers, Ananth Kumar launched Pharma Price Data Bank on June 25, 2015. It is an integrated Pharmaceutical Database Management System, managed and operated by National Pharmaceutical Pricing Authority (NPPA). Speaking at the release ceremony, the Minister said that this is the first data bank of Pharma industry that will help the manufacturers, regulator as well as the common masses. He said that now manufacturers can fill their mandatory forms online, the Government ...

Price fluctuations in natural gas not to affect urea prices

 The Dollar Business Bureau Fluctuations in the price of natural gas might affect urea production subsidy provided by the government, but it will not have any bearing on the price of urea. However, the rise in price of natural gas will increase the subsidy burden on the exchequer as there is a direct impact of rise in gas price on the prices of fertilizers since increase in the price of gas by Rs.1.00 per MMBTU results in the increase of the cost of production of urea by Rs. 25.99 (6.499x4= 25.99) (The weighted average energy norm for all 27 gas based urea units in the country is 6.499 Gcal/MT and 1 Gcal = 3.96 MMBTU~ 4MMBTU). Therefore, the ...

Centre examines overpricing and non-availability of drugs

 The Dollar Business Bureau The Union Ministry of Chemicals and Fertilizers, on Tuesday, informed that the Special Committee recommendations are being examined for formulating a ‘Policy for Promotion of Manufacturing of Bulk Drugs’. The Union Minister Ananth Kumar informed Lok Sabha that a special Committee, under the chairmanship of Secretary, Department of Health Research, has been constituted to check the issues pertaining to the Active Pharmaceutical Ingredients (API). The Committee will check the whole issues of APIs by identifying the APIs of critical importance and will then work out on a package of interventions and procedures to build domestic production capabilities and further examine the cost implications, the Minister added. The recommendations made by the Committee include the ...