Now fertilizer will be available cheap, government will give subsidy of 51875 crores

Now fertilizer will be available cheap government will give subsidy of 51875 crores

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

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