Micro-fertiliser makers' body IMMA on Saturday hailed the proposed bill on plant nutrition management to regulate the sector, but urged the government not to bring any price control mechanism for micronutrients and speciality products.
The Indian Micro-Fertilizers Manufacturers Association (IMMA) said in a statement that it welcomes the draft Integrated Plant Nutrition Management (IPNM) Bill 2022 which is aimed at regulating the micro-fertiliser sector.
IMMA said the aim of the proposed bill should be to promote ease of doing business.
IMMA, however, urged the government to “control the prices of only those nutrients where subsidy is being provided and not to control the rates of micronutrients and specialised fertilisers”.
In February, the Department of Fertilisers floated the draft bill and sought comments from all stakeholders.