Urea is a nitrogen-dense organic chemical most commonly employed as a fertiliser containing roughly 46% nitrogen, crucial to plant development. It acts as an essential nitrogen source that favours the creation of chlorophyll, synthesis of proteins, and photosynthesis, resulting in robust plants and better yields. Urea helps leaf and stem growth and gets assimilated effortlessly once it turns into ammonium and nitrate.
Agriculture is the backbone of the Indian economy, the mainstay of nearly 70% of the population. India, the second largest producer and consumer of urea, must reduce its dependence on the world, especially after the Russian-Ukrainian crisis, unsettlement in the East and sanctions imposed by America. Any shortfall in supply or increase in the price of critical inputs like fertilisers is bound to harm the overall economic performance of our rural sector. To achieve the goals of the FY2025 budget, we must focus on two key objectives: First, transforming India into the “food basket of the world” through equitable resource distribution. Second, achieving “aatma nirbharta” (self-sufficiency) in urea production is crucial; without it, the first goal cannot be met. Achieving self-sufficiency in urea could save the government nearly Rs 40,000 crore, bolstering our agricultural resilience and fueling sustainable growth.
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