Widening the field

Chidambaram, P.
March 2008
Chemical Business;Mar2008, Vol. 22 Issue 3, p28
Trade Publication
The article focuses on proposals in the Union Budget in India for 2008, which in the author's opinion, may open up new business opportunities for fertiliser manufacturers. It notes that the proposal to change the product based subsidy regime with a nutrient-based one has been reiterated in the budget. It says that a nutrient-based subsidy regime enables more transparent benchmarking of selling prices and subsidy on fertilizers to input costs. It cites that the budget has lessened customs duty on key fertiliser inputs such as sulphur and phosphoric acid.


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