Urea will be available at a cheaper rate, the government approved the new rate

Urea will be available at a cheaper rate

This time, with the beginning of the Kharif season, the government has taken an important decision, with the help of which the farmer brothers will be helped. In fact, under this decision, the government has approved a huge amount of Rs 3 lakh crore for the urea subsidy to be given to the farmers. After this decision, farmers will now get urea at a cheaper rate than before.

Let us tell you that the Cabinet Committee on Economic Affairs (CCEA), formed under the Central Government, told that now urea will be made available at the rate of Rs 242 per 45 KG bag, apart from the farmers’ tax and neem coating fees. Significantly, the government will spend Rs 3,68,676.7 crore for this subsidy in the current and next three years from 2022-23 to 2024-25 respectively.

However, at present, the MRP of urea is Rs 242/45 kg bag. The neem coating fee and tax are not included in this. On the other hand, the price of this urea bag without subsidy is Rs 2200.

Source: TractorJunction

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