Sensex

up-green-arrow

Nifty

up-green-arrow

USDINR

down-red-arrow

GBPINR

down-red-arrow

EURINR

down-red-arrow

Economy News

News on Indian Economy and Sectors, which have impacts in the market.

 
Agriculture Minister directs states to ensure adequate availability of fertilizers
14-Jul-25 11:59Hrs IST

Shivraj Singh Chouhan, Union Minister for Agriculture and Farmers’ Welfare, has written to the Chief Ministers of all States and Union Territories, directing immediate and strict action against the issue of counterfeit and substandard fertilizers. This letter has been issued with the objective of curbing the sale of fake fertilizers, black marketing of subsidized fertilizers, and illegal activities such as forced tagging across the country.

The Union Minister emphasized that agriculture is the backbone of India’s economy, and to ensure stability in farmers’ income, it is essential to provide them with quality fertilizers at the right time, at affordable prices, and of standard quality. He also highlighted that the sale of counterfeit or substandard fertilizers is prohibited under the Fertilizer (Control) Order, 1985, which falls under the Essential Commodities Act, 1955.

The Union Minister noted that it is the responsibility of the States to ensure adequate availability of fertilizers at the right places and locations where it is required. Therefore, States must strictly monitor and take swift action against activities such as black marketing, overpricing, and diversion of subsidized fertilizers. Regular monitoring of fertilizer production and sale, as well as strict control over counterfeit and substandard products through sampling and testing, must be carried out. Forced tagging of nano-fertilizers or bio-stimulant products along with conventional fertilizers should be stopped immediately.

Powered by Capital Market - Live News

Attention Investor :

"Prevent unauthorised transactions in your account ; Update your mobile numbers/email IDs with Us. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day” - Issued in the interest of Investors"

"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."

"No need to issue cheques by investors while subscribing to Equity IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

A Muthoot M George Enterprise