At present, the 50 kg bag of Muriate of Potash (MoP) is offered to farmers at round ₹1,655/bag of fifty kg, which incorporates 60 per cent potash (Ok) as the federal government’s subsidy is ₹2.38/kg whereas the landed price (CFR) of imported MoP is $319/tonne (₹26,456 per tonne). Nonetheless, with costs of PDM set by the federal government, fertiliser corporations will be capable to make it out there to farmers between ₹350 and ₹400 per bag of fifty kg.
Can declare subsidy
Briefing media on Thursday on a number of measures taken by the Authorities to make the sugar mills not solely viable in addition to don’t default in cane buy cost, Union Meals Secretary Sanjeev Chopra mentioned the mutually agreed fee of PDM was facilitated by the Meals and Fertiliser Ministries. Apart from, fertiliser makers will be capable to declare subsidy of ₹345 per tonne beneath the nutrient-based subsidy scheme on PDM, he mentioned.
Within the present Rabi season (October 2023-March 2024), the subsidy on potash has been mounted at ₹2.38/kg, which can be revised decrease for subsequent kharif season as international MoP could decline.
“India (100 per cent) will depend on imports for potash. It will increase potash availability within the nation and a win-win for all stakeholders,” he mentioned. Mentioning that the choice was pending for a very long time because of the lack of information between fertiliser corporations and sugar mills, he mentioned that lastly each have come to an settlement on the value.
Now, each sugar mills and fertilizer corporations are discussing modalities to enter into long-term sale/buy settlement on PDM whereas some fertiliser producers having their very own sugar models stand to profit from the choice.
One other income stream
PDM is a by-product of sugar-based ethanol crops and is derived from ash within the distilleries. About 5 lakh tonnes (lt) of potash ash generated per yr from ethanol distilleries, whereas the potential is to provide as much as 10-12 lt, an official assertion mentioned.
Manufacturing and sale of PDM goes to be one other income stream for sugar mills so as to add to their money flows and in addition to make funds to farmers promptly. It’s one other initiative of the central authorities to cut back import dependence within the fertilizer sector, it mentioned.
Distilleries produce a waste chemical referred to as Spent Wash throughout manufacturing of ethanol which is burnt in Incineration Boiler (IB) producing ash to attain a Zero Liquid Discharge (ZLD). This potash-rich ash could be processed to provide PDM having 14.5 per cent potash content material and can be utilized by farmers within the discipline as an alternative choice to MoP, it mentioned.
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