New Delhi, June 15: The government announced on Monday that India has ample fertilizer stocks to meet the needs of its farmers. According to the Ministry of Agriculture, the estimated total requirement for the entire Kharif season in 2026 is 38.39 million metric tons (MMT), while the current stock in the country stands at approximately 19.579 MMT.
An update from the Fertilizer Department indicates an unprecedented availability of over 51%, significantly exceeding the traditional buffer standard of 33%.
The department stated that to ensure adequate stock for farmers following the West Asia crisis, India has increased its fertilizer reserves through imports and domestic production, adding about 16.301 MMT of fertilizer.
During the ongoing crisis, India has secured over 5 million metric tons of urea and phosphorus and potassium fertilizers. The statement highlighted that, through coordination with 28 missions abroad, India has ensured the supply of urea from Oman, Malaysia, Vietnam, Georgia, Nigeria, Russia, Finland, Egypt, Algeria, Turkey, and the Netherlands, as well as NPK fertilizers from Russia, Morocco, Egypt, the USA, Jordan, South Korea, Tunisia, and Saudi Arabia via the Red Sea route, avoiding traffic in the Strait of Hormuz.
In June, the stock of imported urea, NPK, and NPK fertilizers at Indian ports is expected to exceed 2.5 million metric tons. The statement also mentioned that India has issued a global tender for the purchase of 1.7 million metric tons of urea, which is currently in progress.
The availability of materials necessary for the production of fertilizers, including urea and phosphorus and potassium fertilizers, is regularly reviewed by the Fertilizer Department.
The department is consistently processing all subsidy bills issued by companies on a weekly basis, and there is currently sufficient budget available for fertilizer subsidy payments.
While the global market price of urea exceeds ₹4,100 per bag, Indian farmers are receiving a 45-kilogram bag at a heavily subsidized price of just ₹266.5. Similarly, despite the global price of a 50-kilogram DAP bag being over ₹5,000, this fertilizer is made available to Indian farmers at only ₹1,350 per bag.
The statement further emphasized that India’s fertilizer security remains strong, stable, and well-organized, with the availability of all major fertilizers consistently exceeding demand.
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