A grant of 22303 crores in order to control the price of fertilisers

Farmers will get fertilisers at the rate of 1350 rupees in rabi season as usual. The Indian government has also announced a grant of 22303 crore rupees for this. Actually, this information was given by the central minister of India, Anurag Thakur in a cabinet meeting to the media. With the sowing of rabi crops, it is a big challenge for farmers to fulfil the needs of fertilisers. 

Farmers face different issues due to the increase in the rate of fertilisers. But, on this Dussehra, the Indian government has stopped the inflation on fertiliser prices as a gift to the farmers. Farmers will get fertilisers this rabi season at the usual rate of 1350 per bag.The Indian government has also announced a grant of 22303 crore rupees for this. This information was given by the central minister of India, Anurag Thakur in a cabinet meeting to the media. 

The grant of 22303 rupees 

The Indian government has issued a subsidy of 22303 crore rupees to control the price of fertilisers in this rabi season to provide sympathy to farmers. After this announcement from the Indian government, farmers will get the fertilisers this rabi season at the previous rate of 1350 rupees per bag. For your reference let us know that the Indian government has strictly said no to increase the price of fertilisers.

Read this also: this kharif season, a record consumption of DAP and Urea has been observed.

What is the price right now 

In every season, some ups and downs are always seen in the prices of fertilisers. But, this rabi season the Indian government has gifted farmers with a big budget to maintain the balance in price of fertilisers. In a press conference, Cabinet minister Anurag Thakur said that in the upcoming season of rabi crops the base of grant will be nitrogen- 47.2 per kg, phosphorus- 20.42 rupees per kg, potash- 2.38 per kg, sulphur- 1.89 rupees per kg. Because of this rule of the government, farmers have been provided a grant of 22303 crore rupees.

What will be the price of each bag 

Farmers buy fertiliser according to each bag, and they also need  to pay for it on that basis. According to the cabinet minister, currently Ammonium phosphate (DAP) will be provided at previous rates that is 1350 rupees per bag. Along with this, nitrogen phosphorus and potassium (NPK) will be provided at a rate of 1470 per bag. According to the government, this step has been taken to provide farmers a big relief.

economy urea फर्टिलाइजर पर सब्सिडी केंद्र सरकार central government Economy News global prices of urea Cabinet Approval उर्वरक पर सब्सिडी दिवाली से पहले सब्सिडी Fertiliser Subsidy