Satish Chander

Watch the interview of Satish Chander, Director General Fertilizer Association of India with Manisha Gupta on CNBC-TV18, in which he shares his view on impact of demonetisation on fertilisers sector.

Who said fertiliser cos have reduced prices, asks FAI

Recent news reports suggested that the government announced a cut in prices of fertilisers such as Diammonium Phosphate (DAP). Speaking to CNBC-TV18, Satish Chander of the Fertiliser Association of India said only government fertiliser companies have been told to cut prices. Pricing power is with private companies, he said.

Rail Budget 2015: Hike in urea freight means higher subsidy: Chander

Satish Chander - director general - Fertiliser Association of India says this will lead to higher subsidy. “We are not being paid subsidy and out outstanding is more than Rs 40,000 crore,” he told CNBC-TV18. He says the industry will suffer more.

Budget 2015: Fertiliser sector seeks FM, seeks funds for subsidy payment

In a letter to the Finance Minister, Fertilizer Association of India Director General Satish Chander has said that domestic urea manufacturers have not been paid since August, 2014. Therefore, a number of plants have resorted to shut down.

Fertiliser Ministry removes 35% cap on neem-coated urea

Satish Chander, Director General, Fertiliser Association of India, said the industry had been pleading past many years to remove this “artificial limit” and feels the move will definitely help in improving productivity

Urea fixed cost hike a relief, but not adequate: Experts

The increase of Rs 350 per tonne will add an extra burden on the urea subsidy to the tune of Rs 900 crore. Already, the subsidy of Rs 32,000 was rolled over and there was no money with the government to pay the industry even on account bill after April and May (2013).

Delayed subsidies, gas trouble haunt urea makers

Special banking arrangements provide temporary relief, but gas re-pricing will raise subsidy burden in the next fiscal.

Urea industry becoming sick with every passing day: Experts

The government has granted an additional Rs 9,000-cr aid to the fetiliser industry. However, industry players feel more is needed to protect its survival.

Gas-price policy: Why are power, fertiliser cos against it?

Find out the key arguments power, fertlisers companies are making against the Rangarajan Committee's formula on gas prices and how this gas price increase will impact these sectors?

Budget Analysis: Budget poses fertiliser spending crunch in 2013-14

After effectively halving its subsidy on fertilisers for 2013-14 in the budget, India will have to allow producers to take the politically sensitive step of hiking urea prices to farmers or provide additional funding, industry officials say.

Don't expect hike in urea prices until UP elections: FAI

There has been a lot of talk that urea prices will probably go up substantially. However, Satish Chander, director general of Fertiliser Association of India doesn’t expect hike in urea prices until UP elections.

Gas supply stoppage by RIL not in line with court order:FAI

In an interview to CNBC-TV18, Satish Chander, director general of Fertilizer Association of India (FAI) said, the gas supply stoppage by RIL is not in line with the court order.

New urea policy a right move for India, says FAI

Satish Chander, Director General of Fertiliser Association of India said the change in the urea policy is on the right direction and it is going to be positive for the country.

Locked up DAP prices against govt policy: Fertilizer body

The Cabinet has deferred a decision on giving fertiliser firms the liberty in fixing the maximum retail price (MRP) for di-ammonium phosphate (DAP) today. Reacting to the decision, Satish Chander of Fertilizer Association of India (FAI), however stays ‘confident’ that the decision will be ‘corrected’.

New urea policy should be in place by mid-July: FAI

In an interview with CNBC-TV18, Satish Chander, Director General, FAI said the policy on urea is on track. He further said, the main work was to be done by the committee of secretaries. “The report has been given to the government. We hope if not by the end of June by middle of July or so, the new policy should be in place,” he added.

DAP prices may jump by Rs 5-10/bag: Fertiliser Association

Satish Chander of Fertiliser Association of India, in interview with CNBC-TV18’s Mitali Mukherjee and Udayan Mukherjee, shared his view on this DAP price hike and what would be its impact on the major fertiliser stocks.

FAI confident of GoM's approval on proposed urea policy

Satish Chander director general of Fertiliser Association of India (FAI) says that the industry is confident of a positive outcome from the Group of Ministers (GoM) level on the urea policy. “We are absolutely positive on the outcome and the work which has been done by the CoS, GoM. I am sure the government is going to approve it,” he feels.

Hike in fertiliser sop close to industry needs: Chander

The Fertiliser Association of India is delighted at the government’s decision to hike fertiliser subsidy. In an interview to CNBC-TV18, Satish Chander, Director General of the association said that hikes have been close to the industry requirements.

Expect urea to be decanalised: Satish Chander

Satish Chander, Director General, Fertilizer Association of India said there has been no investment in Urea in the past 12 years. He expects urea to be decanalised.