BUDGET TN COROMANDEL INTL
Chennai, Feb 1 (.) The union Budget presented by Finance Minister Nirmala Sitharaman brought together productivity, resilience, and affordability in a way that reflects the evolving needs of Indian agriculture, Mr S Sankarasubramanian, Chairman, Fertiliser Association of India and Managing Director and CEO, Coromandel International Ltd said on Sunday.
The focus on district-level outcomes, better seeds, diversified cropping, and multilingual digital advisory platforms has the potential to meaningfully improve on-farm decision-making and input efficiency, provided execution remains closely aligned with ground realities, he said in a statement.
Pointing out that the fertiliser allocations underlined a steady commitment to domestic capability, he said support of Rs 91,000 crore for indigenous urea and Rs 34,000 crore for domestically produced P&K fertilisers, alongside imported fertiliser support of Rs 32,000 crore for urea and Rs 20,000 crore for P&K, reinforces supply security while maintaining farmer access to affordable nutrients.
The emphasis on customs duty rationalisation and addressing inverted GST structures is particularly important, as it helps streamline costs, improve cash flows, and create a more predictable operating environment.
Overall, the approach strengthens alignment between agricultural priorities and industrial sustainability, supporting farmers today while building a more resilient and efficient fertiliser ecosystem for the future, he said.
. GV 1840