Parliamentary Panel: Stop hoarding of fertilizer

The parliamentary standing committee on chemicals and fertilizer has given vent to anger over black marketing and artificial shortage being created by hoarders and corrupt businessmen in the country in its report.

Both the central govt and the fertilizer companies are involved in this corrupt business, the report asserts.

The hoarders have been on the prowl but there are no steps being taken to check them. The department of fertilizers has utterly failed to stop them, the report noted.

Basically, it is the responsibility of the central govt to check hoarding and scarcity of fertilizers. The govt should take hard steps against those responsible for black-marketing and corruption, the report added.

The parliamentary panel has also called upon the fertilizer companies to help the govt curb the evil tendency. Two fertilizer producing companies Iffco and Kribhco belong to the cooperative sector with Iffco alone meeting about 25 percent of domestic demand.

The panel has asked the fertilizer dept to make available gas at acceptable rates.

Besides, the panel has called upon the govt to fashion a new investment policy to quicken the pace of fertilizer production in the country.

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