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May 20, 2021

subsidy on fertilizer prices Farmer

 The big relief given by the central government is the increase in the subsidy on fertilizer prices

Farmer

subsidy on fertilizer prices  Farmer
subsidy on fertilizer prices  Farmer


Farmers have given a big relief to the central government. In which the central government has increased the subsidy in the price of fertilizer. In which farmers will now get a bag of DAP for Rs 1200 instead of Rs 2400. This means that the farmer will get a subsidy of Rs. 1200 instead of Rs. 500 per sack of DAP. So the central government will spend a total of 14 thousand 775 crores on the subsidy.


Effect of phosphoric acid and ammonia becoming expensive

Last year, the actual price of DAP was Rs. Was 1,700. The central government used to give a subsidy of Rs 500 on it. Thus, farmers had to pay Rs 1,200 per sack. However, recently the prices of phosphoric acid, ammonia, etc. used in DAP have gone up by 60 to 70 percent. As a result, the price of a sack of DAP has been increased to Rs 2,400. By reducing the subsidy, it is sold to fertilizer companies at Rs 1950 per bag.

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Farmers get big relief

After the decision taken on Wednesday, farmers will not have to pay more for DAP, they will continue to get DAP at Rs 1,200 per cut. The central government spends Rs 80,000 crore every year in the form of subsidies on chemical fertilizers.

Farmers get big relief

After the decision taken on Wednesday, farmers will not have to pay more for DAP, they will continue to get DAP at Rs 1,200 per cut. The central government spends Rs 80,000 crore every year in the form of subsidies on chemical fertilizers.

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