thats all there is...............shut it down  |
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Current Indian Price as per IPL (Indian Postash Limited (Gov. Body) is USD$305 - $345 on 12 June. I was able to contact IPL office and confirm http://www.indianpotash.org/contact-us.php The UREA is imported into India. Most Info. is on Dev. Blog |
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Nice to see that the project is moving forward.
lets hope it's continue...... |
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what is the purpose of this coin? |
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GES looks more like a Philanthropy company , Supporting - Pakistan Girls schools, Libya water project, street kids in Egypt – I hope these “Richard Branson” type companies are still alive…..I backed the last 5 coins, which went nowhere with big hype – URO seems different, I will cont. to have faith …will back URO
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Global company, many employees, many buss. ...good to know there are some skeletons in every cupboard......whats it got to do with URO?? nothing whatsoever. long-story-short; a website was registered by a third party, who have now gone bust. here's my recommendation to all the amateur P.I.'s - you want the coin, get some, you don't want the coin, don't.  |
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has the Interview been booked?
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Global company, many employees, many buss. ...good to know there are some skeletons in every cupboard......whats it got to do with URO?? |
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well done BITTREX  |
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And what is from stopping me or any other individual buying a large amount of Uro on the exchanges given the current very cheap price and hoarding it?
nothing, but i'd be wary as it seems all indications are that this is what the OP is trying to accomplish. This is what you do in any "trading market" I guess - you buy as much as you can, without losing your house....and sell when you can smile about it... |
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How does URO fit in with the government subsidization of urea in India?:
"Urea is imported by three STEs (state trading enterprises) - Indian Potash Ltd (IPL), MMTC and STC on behalf of the government to meet domestic shortfall. The country produces about 22 MT against an annual domestic demand of 33 MT."
"Urea is provided to farmers at a fixed subsidized maximum retail price (MRP) of Rs 5,360 per tonne. The difference between the cost of production and MRP of urea is provided as subsidy."
5,360.00 INR = 90.4319 USD
Are there farmers in Rajasthan buying subsidized Urea for 3 times the price?
A typical small to medium farmer without the right connections cannot access Urea at this subsidised price. To receive this subsidy they must go through a lot of bureaucracy and significant corruption occurs at this level. Although it is displayed at this price almost no one can actually make a real purchase of Urea for 5360 INR - most pay more then 3 times this amount. In other words, this subsidy/discount gets absorbed by the middle elements of the supply chain - such as the agents. This kind of fake "subsidy" is "available" in many developing nations. I have to agree with this . Such issues are discussed in Indian news channels regularly.The rampant corruption in the system is one of the main causes of many farmers committing suicide. If farmers start using URO they are entitled to equivalent metric tonne of Urea and need not worry about the prices and the manipulation in the system. This could be revolutionary if implemented correctly. Also http://timesofindia.indiatimes.com/business/india-business/Government-plans-urea-price-hike-to-curb-fertilizer-subsidies/articleshow/36294375.cms agree.... |
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OK TY I will add it to OP Chinese translation Link is the same like Russian translation. Maybe you want to fix it.. Do not put the China Coin with Russia Coin - then big problem....... |
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Russia Coin - what to say |
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