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The federal government is offering 28 qualities of P&K plant foods to farmers at subsidized costs via plant food manufacturers/importers.
The Union Cabinet, chaired by Prime Minister Narendra Modi, has actually authorized the Nutrient Based Subsidy (NBS) prices for rabi period 2024 (from October 2024 to March 2025) on P&K plant foods.
The federal government on Wednesday authorized Rs 24,474.53 crore aid on phosphatic and potassic (P&K) fertilizers for the rabi period of 2024-25 to guarantee supply of plant nutrients to farmers at cost effective prices. The Union Cabinet, chaired by Prime Minister Narendra Modi, has actually authorized the Nutrient Based Subsidy (NBS) prices for rabi period 2024 (from October 2024 to March 2025) on P&K plant foods.
“The tentative budgetary requirement for rabi season 2024 would be approximately Rs 24,475.53 crore,” a main declaration stated.
The choice is focused on guaranteeing the accessibility of plant foods to farmers at subsidized, cost effective and sensible costs.
The federal government is offering 28 qualities of P&K plant foods to farmers at subsidized costs via plant food manufacturers/importers.
The aid on P&K plant foods is controlled by the NBS system with impact from April 1, 2010.
“In view of the recent trends in the international prices of fertilizers & inputs i.e. urea, DAP, MOP and sulphur, government has decided to approve the NBS rates for Rabi 2024 on P&K fertilizers,” the declaration stated.
The aid would certainly be supplied to the plant food firms according to authorized and informed prices of N (nitrogen), P (phosphorus) and K (potash) to make sure that plant foods are offered to farmers at cost effective costs, it included.
(This tale has actually not been modified by News 18 team and is released from a syndicated information firm feed – PTI)
