The rising inflation in the country is also affecting the prices of fertilizers. However, it will not have any effect on the pockets of the farmer brothers. To help the farmers, the government has implemented a 100% subsidy scheme. Under this, the government will bear the additional burden of the purchase of fertilizers by the farmers.
It is difficult for farmers to spend money equal to the cost of production of fertilizers. As a result, a pilot project was started by the government. With the help of the scheme, fertilizers are made available to the farmers at a concessional amount. At present 100% subsidy is being given to the farmers according to the financial year 2022.
Under this scheme, POS or Point of Sales devices will be installed at all retail outlets. Through which the quantity of fertilizers sold and the details of payment will be recorded. Along with this, the information of farmers who have purchased fertilizers will also be recorded. Where the subsidy amount will be available to the producer company on the basis of this record.
The information about this scheme is available on the official portal fert.nic.in. You can also take advantage of the scheme by getting information through this website.
Source: Asianet News
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