Impact of deregulation of Urea:
MINISTER OF STATE IN THE MINISTRY OF CHEMICALS AND FERTILIZERS
(SHRI HANSRAJ GANGARAM AHIR)
(a): No, Sir.
(b): No, Sir.
(c): Import of urea in the country is restricted and its import for direct agriculture use is made on Government account. Urea is under statutory price control of Government of India (GoI) and sold to the farmers at uniform Maximum Retail at Rs. 5,360/- per MT excluding local taxes in the country. The difference of cost of procurement (including custom duty), handling and distribution of urea upto farm gate and MRP is borne by the GoI as subsidy on imported urea. Accordingly, there is no impact of increase or decrease of custom duty on the MRP of imported urea.