India, Feb. 4 -- The Government of India issued the following news release:

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) Amendmen...