Govt keen to buy 935,000 tonnes of fertilisers from India

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Kathmandu, July 26

The government has sent a proposal to the Indian government expressing interest to purchase 935,000 tonnes of fertilisers over the next five fiscal years.

In a bid to ensure easy import and supply of fertilisers from India, the Ministry of Agriculture, Land Management and Cooperatives (MoALMC) has proposed the Indian government to supply the given amount of fertilisers under the ‘government-to-government’ scheme from this fiscal year until 2022-23.

Nepal’s agriculture sector is fully dependent on India and a few other countries for fertilisers. As per MoALMC officials, the government-to-government level agreement with India regarding supply of fertilisers intends to avoid the possible shortage of different types of fertilisers in various seasons.

The government has projected that the country would require almost 1.9 million tonnes of fertilisers in the next five years, of which it plans to purchase 935,000 tonnes from India.

Under its plan, the government will purchase 150,000 tonnes of fertilisers from India in the current fiscal year, 170,000 tonnes in fiscal 2019-20, 195,000 tonnes in fiscal 2020-21 and 210,000 tonnes each in 2021-22 and 2022-23 fiscal years.

Of the total amount of fertilisers being purchased from India over the next five fiscal years, 565,000 tonnes would be urea and 370,000 will be diammonium phosphate (DAP).

Written by Sandeep
This news first appeared on https://thehimalayantimes.com/business/govt-keen-to-buy-935000-tonnes-of-fertilisers-from-india/ under the title “Govt keen to buy 935,000 tonnes of fertilisers from India”. Bolchha Nepal is not responsible or affiliated towards the opinion expressed in this news article.