18 February 2022 Current Affairs:The central government has proposed a law to empower it to repair fertilizers' maximum asking price and control their quality and distribution.
Highlights:
All stakeholders have been asked to comment on the Department of Fertilizers' proposed Integrated Plant Nutrition Management Bill, 2022.
It is the convenient public interest that the central government should take under its control on distribution, price, and quality of standards of fertilizers.
Provisions
The bill seeks to determine India's Integrated Plant Nutrition Management Authority.
It aims to promote the development and sustainable use of balanced fertilizers, including bio-fertilizers, nano-fertilizers, bio-stimulates, and organic fertilizers.
It seeks to simplify manufacturing production, distribution, and price management of fertilizers across India.
This may help in improving the convenience of doing business.
Central Government would be ready to fix maximum prices or rates at which any fertilizer could also be sold by a dealer, importer, manufacturer, or fertilizer marketing entity.
It also aims to empower the Centre to repair different rates or prices for fertilizers having different storage periods or for various classes of consumers or various areas.
No person would be ready to manufacture, import, purchasable, sell, or market without obtaining appropriate registration.
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