The federal authorities is providing 28 qualities of P&Okay plant meals to farmers at sponsored prices by way of plant meals producers/importers.
The Union Cabinet, chaired by Prime Minister Narendra Modi, has truly approved the Nutrient Based Subsidy (NBS) costs for rabi interval 2024 (from October 2024 to March 2025) on P&Okay plant meals.
The federal authorities on Wednesday approved Rs 24,474.53 crore assist on phosphatic and potassic (P&Okay) fertilizers for the rabi interval of 2024-25 to ensure provide of plant vitamins to farmers at value efficient costs. The Union Cabinet, chaired by Prime Minister Narendra Modi, has truly approved the Nutrient Based Subsidy (NBS) costs for rabi interval 2024 (from October 2024 to March 2025) on P&Okay plant meals.
“The tentative budgetary requirement for rabi season 2024 would be approximately Rs 24,475.53 crore,” a primary declaration said.
The alternative is targeted on guaranteeing the accessibility of plant meals to farmers at sponsored, value efficient and smart prices.
The federal authorities is providing 28 qualities of P&Okay plant meals to farmers at sponsored prices by way of plant meals producers/importers.
The assist on P&Okay plant meals is managed by the NBS system with influence from April 1, 2010.
“In view of the recent trends in the international prices of fertilizers & inputs i.e. urea, DAP, MOP and sulphur, government has decided to approve the NBS rates for Rabi 2024 on P&K fertilizers,” the declaration said.
The assist would definitely be equipped to the plant meals corporations based on approved and knowledgeable costs of N (nitrogen), P (phosphorus) and Okay (potash) to ensure that plant meals are provided to farmers at value efficient prices, it included.
(This story has truly not been modified by News 18 workforce and is launched from a syndicated info agency feed – PTI)
