Question
From which country has India recently experienced a
sharp rise in ammonium nitrate (AN) imports, causing concerns for its domestic fertiliser industry?Solution
India has seen a significant increase in ammonium nitrate (AN) imports from Russia, leading to concerns within its domestic fertiliser industry. Ammonium nitrate is crucial for both agriculture and industries like mining. Cheaper imports from Russia create competitive pressure on Indian companies, which are investing heavily to expand their production capacity. As India relies on imports to meet a substantial portion of its fertiliser needs, including potash, disruptions or shifts in trade patterns can significantly impact domestic markets.
Which of the following commission is related with the Rajiv Gandhi Killing?
Which country’s Capital topped the United Nations Environment Programme's report - Frontiers 2022: Noise, Blazes and Mismatches?
Indian Financial System Code (IFSC) is a / an
Priority Sector lending actually means lending to
What does 'VAT' stand for in the context of taxation?
Who among the following won the ‘Gulbenkian Prize for Humanity’ in 2020?
In Which Five Year Plan India Opted for Mixed Economy?
In which year was the first Census conducted?
What term describes the consumption of fixed capital in an economy?
Which one of the following pairs is correctly matched?