{"id":376931,"date":"2020-10-06T08:37:12","date_gmt":"2020-10-06T03:07:12","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=376931"},"modified":"2020-10-06T09:31:38","modified_gmt":"2020-10-06T04:01:38","slug":"lower-gas-prices-to-benefit-urea-producers-reduce-subsidy-needs-icra","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/lower-gas-prices-to-benefit-urea-producers-reduce-subsidy-needs-icra\/","title":{"rendered":"Lower gas prices to benefit urea producers, reduce subsidy needs: Icra"},"content":{"rendered":"<p>The decline in domestic gas prices is likely to benefit urea producers as it will lower the cost of production and reduce the requirement of subsidy, ratings agency Icra said. <\/p>\n<p>However, the increase in prices of phosphoric acid is expected to moderate the profitability of phosphatic fertiliser producers, Icra said in a report. <\/p>\n<p>The sector saw robust growth in April-September 2020-21, driven by early as well as cautionary buying by farmers in the light of COVID-19 pandemic, growth in sowing levels, and support for agriculture from various government schemes, the report said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The decline in domestic gas prices is likely to benefit urea producers as it will lower the cost of production and reduce the requirement of subsidy, ratings agency Icra said. However, the increase in prices of phosphoric acid is expected to moderate the profitability of phosphatic fertiliser producers, Icra said in a report. The sector saw robust growth in April-September 2020-21, driven by early as well as cautionary buying by farmers in the light of COVID-19 pandemic, growth in sowing levels, and support for agriculture from various government schemes, the report said.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-376931","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/376931","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=376931"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/376931\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=376931"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=376931"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=376931"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}