Business Other News 01 Aug 2019 New Delhi: Subsidy o ...

New Delhi: Subsidy on sulphur fertiliser raised

FC INVESTIGATIVE BUREAU
Published Aug 1, 2019, 5:17 am IST
Updated Aug 1, 2019, 5:17 am IST
The subsidy for 'N' will continue to remain at Rs 18.90/kg, 'P' at Rs 15.21/kg and 'K' at Rs 11.12/kg during the current year.
The subsidy for 'N' will continue to remain at Rs 18.90/kg, 'P' at Rs 15.21/kg and 'K' at Rs 11.12/kg during the current year.
 The subsidy for 'N' will continue to remain at Rs 18.90/kg, 'P' at Rs 15.21/kg and 'K' at Rs 11.12/kg during the current year.

New Delhi: The government has decided to increase the subsidy on sulphur fertiliser to Rs 3.56 per kg and keep the support unchanged for other non-urea nutrients for promoting balanced use of farm supplements,  Inform-ation and Broad-asting Minister  Prakash Javadekar said on Wednesday The government expects the move to cost Rs 22,875.50 crore to the exchequer in this fiscal. The subsidy on nitrogen (N), phosphatic (P) and potassic (K) fertilisers unchanged, the minister said.

 “Urea is consumed more in the country. But NPKS is equally important for agriculture. The government gives subsidy for these nutrients as well. Today, the subsidy on sulphur has been increased from Rs 2.72/kg to Rs 3.56/kg for this year,"

 

 The subsidy for 'N' will continue to remain at Rs 18.90/kg, 'P' at Rs 15.21/kg and 'K' at Rs 11.12/kg during the current year.

 The expected expenditure for release of subsidy on PNKS fertilisers during 2019-20 will be Rs 22,875.5 crore, Javadekar said. The Centre said the approved NPKS subsidy rates will be effective only from the date of notification.

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Location: India, Delhi, New Delhi




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