External Affairs Ministry Spokesperson Randhir Jaiswal has said that India currently has more than adequate stocks of fertilizers, particularly in view of the upcoming Kharif season this year. Mr Jaiswal said this while addressing the Inter-Ministerial media briefing in New Delhi this evening. He noted that the country’s stock of urea is higher than it was at the same time last year, while stocks of Diammonium Phosphate (DAP) have doubled compared to the previous year. He added that the availability of Nitrogen, Phosphorus and Potassium (NPK) fertilizers is also significantly higher than the levels recorded during the corresponding period last year.

Mr Jaiswal added that India’s international partners have assured uninterrupted supplies, and the government expects to maintain comfortable fertilizer stocks by the time Kharif demand peaks around 15th of May this year. He said, the Department of Fertilizers is closely monitoring both global and domestic trends and taking necessary steps accordingly. He also urged observers and commentators to rely on factual information and avoid creating panic through uninformed speculation.