Natural Products Expo West 2025 - APEDA showcases Indian prowess in organic farming (See 'Corp Brief') IPR - Sporadic use of trademark in India is no ground to assume that said trademark has acquired reputation and goodwill of mark in India: HC (See 'Legal Desk') PMLA - Mere attachment of property does not alter position with regard to ownership or even possession/use of properties which are subject matter of such attachment: SAFEMA (See 'Legal Desk') NHLML, IWAI ink MoU for state-of-art Multi-Modal Logistics Park in Varanasi (See 'Corp Brief') IBC - Prima facie contraventions of regulations, including failure to maximize stakeholder value and non-compliance with auction procedures, justifies initial suspension of registration for two years: IBBI (See 'Legal Desk') Govt announces reward for developing toys fostering learning & child development (See 'Corp Brief') Misc - Case under Negotiable Instrument Act, can't be transferred from one place to another for lack of jurisdiction u/s 406 of CrPC: SC (See 'Legal Desk') Space Technology revolutionizes governance, agriculture & Defence: MoS (See 'Corp Brief') PC Act - Anticipatory bail should only be granted in exceptional cases where there is prima facie indication of false implication or frivolous allegations: SC (See 'Legal Desk') Department of Fisheries hosts Fisheries Startup Conclave 2.0 in Hyderabad (See 'Corp Brief') PMLA - High Court can't direct ED to register ECIR only based on its prima facie finding on predicate offence: SC (See 'Legal Desk') Mandaviya joins in unique Cycle Rally to mark International Women's Day (See 'Corp Brief') Trade Marks Act 1999 - new Trade Mark identical to existing RAPIDO trade mark, warrants cancellation, as it seeks to dishonestly exploit goodwill & reputation of existing Trade Mark holder: HC (See 'Legal Desk') IBC - Section 95 application filed by Respondent No.1 Bank is valid: NCLAT (See 'Legal Desk') CERT-In releases 'Cyber Security Handbook for Mahila Suraksha' booklet (See 'Corp Brief') Ministry of Tourism participated in ITB Berlin 2025 (See 'Corp Brief') Misc - Appellate Courts shall specify time limit for depositing balance sale consideration, as required in Order XX Rule 12A of CPC, in case of specific performance involving sale/ lease of immovable property: SC (See 'Legal Desk') India's AI Revolution (See 'Corp Brief') IBC - Proviso to Sec 61(2) of IBC allows for maximum extension of 15 days in filing of appeal, if sufficient cause is shown: SC (See 'Legal Desk') WTO experts underscore key insights on trade policy and industrial policy linkages (See 'Corp Brief') IBC - Gratuity dues are statutorily protected under Payment of Gratuity Act, and do not form part of liquidation estate of Corporate Debtor under the Insolvency and Bankruptcy Code: HC (See 'Legal Desk') IPR - Infringment of trademark and trade dress calls for permanent injunction: HC (See 'Legal Desk') IBC - Commercial wisdom of CoC to distribute amount under Resolution Plan based on security interest of respective financial creditors, can't be interfered if provisions are duly complied with: NCLAT (See 'Legal Desk') Labour Secy speaks on improving Female Workforce Participation in India (See 'Corp Brief') Mandaviya to inaugurate Office Complex of Zonal Office Telangana (See 'Corp Brief') IBC - Interim moratorium u/s 96 of Insolvency and Bankruptcy Code does not apply to penalty proceedings u/s 27 of Consumer Protection Act: SC (See 'Legal Desk') Global South is driving climate agenda: Yadav (See 'Corp Brief') Broadband connectivity will be provided to all Govt Secondary Schools: PM (See 'Corp Brief') Misc - 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If defendants have no real prospect of successfully defending claims in suit, it is fit case where summary judgment in terms of Order XIII-A of CPC can be passed in favour of plaintiffs: HC (See 'Legal Desk') PM appreciates Japan's strong commitment to 'Make in India' (See 'Corp Brief') SEBI - Non-supply of legible copies of documents is such issue which may deprive appellants of ability to defend its case properly: SAFEMA (See 'Legal Desk') CCI okays acquisition by Alpha Wave of 12.44% shareholding in Advanta Enterprises (See 'Corp Brief') Misc - Complaint filed by borrower against bank was not maintainable under Consumer Protection Act as it is pure business-to-business transaction for commercial purpose: SC (See 'Legal Desk')

Potassium derived from Molasses can be used by farmers: Minister

Published: Feb 05, 2025

By TIOLCorplaws News Service

NEW DELHI, FEB 05, 2025: POTASSIUM Derived from Molasses (PDM) is a by-product of sugar industry. PDM has minimum 14.5% potash and can be used by farmers in field as an alternative to MOP (Muriate of Potash with 60% potash content). Thus, PDM can reduce the dependence on imported potash. PDM was notified under Fertilizer Control Order (1985) in 2009, and in order to incentivize the use of PDM, it was inducted under Nutrient Based Subsidy scheme since Rabi, 2022. During 2024-25, Rs. 345 per tonne of subsidy has been fixed for PDM.

Potash and Glauconite(Potassic mineral) have been classified as Critical and Strategic Minerals under "The Mines & Minerals (Development and Regulation) Amendment (MMDR) Act, 2023" by Ministry of Mines which aims to enhance domestic production and achieve self- sufficiency in critical minerals. MMDR Act, 1957 ensure that critical minerals are produced, processed, and recycled by catalyzing investments from governments and the private sector across the full value chain, emphasizing the importance of sustainable and responsible mineral management practices. The Central Government has also commenced the auction of mineral blocks for critical & strategic minerals as per provisions of MMDR Act, 1957. As on 10.12.2024, Ministry of Mines have successfully auctioned 5 mineral blocks of Glauconite(Potassic mineral).

Chemical sector is broadly de-regulated and delicensed sector. The manufacturing, import, export, transportation etc. of Ammonium Nitrate are being regulated by Ammonium Nitrate Rules, 2012. Petroleum and Explosives Safety Organisation (PESO) issues licenses for manufacture, storage, transportation, import and export of Ammonium Nitrate under these rules. The licenses for manufacturing of Ammonium Nitrate are issued based on Industrial Licenses issued by Department of Promotion of Industry & Internal Trade (DPIIT).

 In Budget 2024-25, Basic Custom Duty (BCD) on Ammonium Nitrate has been increased from 7.5% to 10% to support existing and new capacities in pipeline. Directorate General of Trade Remedies (DGTR), Department of Commerce provides a level playing platform to the domestic industry against the adverse impact of the unfair trade practices viz. dumping, actionable subsidies, circumvention etc. from any exporting country by using effective Trade Remedial measures such as anti-dumping and safeguard measures. However, currently, there are no pending applications seeking  protection in terms of import barriers like anti-dumping duty or countervailing duty/anti-subsidy duty on Ammonium Nitrate.

The Government has approved the Market Development Assistance (MDA) @ Rs. 1500/MT to promote organic fertilizers, i.e. manure produced at plants under GOBARdhan initiative covering different Biogas/CBG support schemes/programmes of stakeholder Ministries/Departments such as Sustainable Alternative Towards Affordable Transportation (SATAT) scheme of Ministry of Petroleum and Natural Gas (MoPNG), ‘Waste to Energy' programme of Ministry of New & Renewable Energy (MNRE), Swachh Bharat Mission (Rural) of Department of Drinking Water & Sanitation (DDWS), etc. with total outlay of Rs. 1451.84 crore (FY 2023-24 to 2025-26), which includes a corpus of Rs. 360 crore for research gap funding, etc.

Further, Institute of Pesticides Formulation and Technology works on supporting adoption of greener technologies and development of user & environment friendly new pesticide formulations. UNIDO FARM (Financing Agrochemical Reduction and Management) Project undertaken by HIL (India) Ltd. to detoxify the agriculture sector by eliminating the use of highly hazardous pesticides and Persistent Organic Pollutants. The project focuses on three types of bio-pesticides: Btk (Bacillus thuringiensis kurstaki), Neem, and Trichoderma spp. Btk, a strain of the bacterium Bacillus thuringiensis, which is e?ective for controlling caterpillar pests, while Neem controls a wide range of insect pests. Trichoderma provides e?ective control against soil-borne fungal diseases and enhances plant growth.

This information was given by the Union Minister of State for Chemicals and Fertilizers Anupriya Patel in Rajya Sabha in written reply to a question yesterday.

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