Key Points
The Cabinet on Thursday approved Rs 24,420-crore subsidy on phosphatic and potassic (P&K) fertilisers for the upcoming kharif season, Union minister Anurag Thakur said.. Thakur said the farmers will continue to get key oil nutrient DAP at Rs 1,350 per quintal..
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the proposal of the Department of Fertilizers for fixing the Nutrient-Based Subsidy (NBS) rates for the Kharif Season 2024-25 from April 1 to September 30 on P&K fertilisers...
I&B Minister Thakur said, "A nutrient-based subsidy of Rs 24,420 crore on P&K fertilisers has been approved for the kharif season starting April 1 till September 30."..
The minister said the subsidy on Nitrogen (N) has been fixed at Rs 47.02 per kg, phosphatic (P) at Rs 28.72 per g, potassic (K) at Rs 2.38 per kg and Sulphur (S) at Rs 1.89 per kg for 2024 kharif season, he said...
"With this subsidy, DAP (Di-ammonium Phosphate) which is sold currently at Rs 1350 per bag (50 kg), will continue to be available at the same rate in the upcoming 2024 Kharif season," the minister said...
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