When China betrayed, this leader helped India after one phone call from PM Modi, Indian farmers’ wish fulfilled

India has always have a difficult relation with China. Be it at the borders or business. Recently, in order to trouble India, China suddenly reduced the sale of fertilizers. This comes at a time there was a huge jump in the prices of fertilizers in the global market and the prices started touching the sky. While there is no formal ban, China has effectively stopped exporting specialty fertilizers to India by delaying inspections of India-bound shipments, impacting Indian agriculture.

How has China troubled India with fertilizer supply?

India has been importing fertilizers from countries like China and Russia. But China has played a major role in the supply of DAP (Di-Ammonium Phosphate). But in the past months, Beijing started banning the export of DAP while talking about keeping the prices stable in its domestic market. It reduced the supply of DAP to India. The result of which was that the prices of DAP increased from $630 per ton to $800 per ton. In India, DAP is sold at the government price of Rs 1350 per 50 kg, but it is available more expensive in the open market. In such a situation, there is a huge burden of subsidy on the government.

Who is helping India now?

A friend in need is a friend indeed. Russian President Vladimir Putin himself has revealed that the request to send fertilizers came directly from India’s top leadership and Russia met India’s needs. President Putin has said that Russian fertilizer exports to India have been increased fourfold. Putin has revealed this during a meeting with Andrei Guryev, President of the Russian Fertilizer Producers Association.

According to the report India has now started buying fertilizers in large quantities from Jordan and Russia instead of China. According to the Hindustan Times report, Kharif sowing, which takes place in June-July, requires the most fertilizers. In May, India’s DAP requirement was 9.4 lakh tonnes against the stock of 18 lakh tonnes. However, a 42% decline was seen in the initial stock compared to last year. With the help of Russia, India has now been able to get the required stock.

 

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