<h1>Ministry Debunks Claims of Profiteering by Fertilizer Firms Under NBS Policy; Emphasizes Transparency and Market-Based Pricing.</h1> Reports suggesting undue profits by fertilizer companies under the Nutrient Based Subsidy (NBS) Policy are deemed incorrect by the Ministry of Chemicals and Fertilizers. The ministry clarifies that the subsidy is fixed annually, allowing companies to set their own maximum retail prices based on international prices and costs. There is no evidence of profiteering, as company balance sheets are publicly accessible. The reported excess import of fertilizers in early 2012 was aligned with agricultural needs, ensuring no shortages during peak seasons. The NBS Policy aims to stabilize prices and availability, with no regulation on company-set prices.