At the beginning of the Rabi season, big good news has come from the government for the farmers. The government is going to give a massive subsidy of ₹ 51875 crores on phosphatic and potassic fertilizers. After this decision, farmers will now get a subsidy of ₹ 98.02 on Nitrogen, ₹ 66.93 on Phosphorous, ₹ 23.65 on Potash, ₹ 6.12 per kg on Sulfur.
The government will spend a huge amount of Rs 51,875 crore on this subsidy being given for the Rabi season crops. Being available at affordable rates will help the farmers a lot. Significantly, the central government is bearing the increase in global rates of fertilizers and raw materials.
Source: Aaj Tak
ShareKeep reading Gramophone articles daily for important information related to the agriculture sector. If you liked today’s information, then do not forget to like and share.
