Rabi season fertiliser subsidy of Rs 22,000 crore gets nod

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The Union cabinet has approved nutrient-based fertiliser subsidy rates for the rabi season 2023-24, with an outlay of ₹22,303 crore. This move aims to ensure that farmers can access soil nutrients at reasonable rates despite high global prices. The subsidy rates for nitrogen-based fertiliser, phosphorus, potash, and sulphur have been announced. These rates are lower than those during the kharif season due to the rationalisation of subsidies based on recent international price trends. The government aims to provide fertilisers to farmers at last year's rates.

from Agriculture-Economy-News-Economic Times https://ift.tt/uRJ0bd6

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