Decision on fertiliser pricing put on hold
Close on the heels of the Union Fertiliser Ministry demanding an extra Rs 60,000 crore for fertiliser subsidy over and above Rs 30,986 crore provided in the Budget, the Cabinet Committee on Economic Affairs on Thursday deferred a proposal regarding measures for standardisation and rationalisation of sale price of high-nutrient fertilisers, in particular single super phosphate (SSP) fertilisers. The CCEA meeting was chaired by Prime Minister Manmohan Singh.