Net subsidy of Rs.28,655 crore for Rabi 2021-22
|
Per Kg Subsidy rates (in Rs.) |
||||
|
N (Nitrogen) |
P(Phosphorus) |
K(Potash) |
S(Sulphur) |
|
|
18.789 |
45.323 |
10.116 |
2.374 |
|
(i) Total amount of Rollover will be Rs. 28,602 crore.
(ii) Special one-time package for additional subsidy on DAP at the tentative additional costof Rs. 5,716 crore.
(iii) Special one-time package for additional subsidy on three most consumed NPKs grades viz. NPK 10-26-26, NPK 20-20-0-13, and NPK 12-32-16 at the tentative cost of Rs. 837crore. The total subsidy required will be 35,115 crore.
The highest absolute increase in #MSP over the previous year has been recommended for Lentil (Masur) and Rapeseeds & Mustard (Rs.400 per quintal each) followed by gram (Rs.130 per quintal). pic.twitter.com/gPByaTKGnn
— PIB India (@PIB_India) September 9, 2021
The CCEA also approved the inclusion of Potash derived from Molasses (0:0:14.5:0) underthe NBSScheme.
Financial Implications:
Net subsidy required for Rabi 2021-22 after deducting savings will be Rs.28,655 crore.
Benefits:
This will enable smooth availability of all P&K fertilizers to the farmers during Rabi Season 2021-22 at the subsidized / affordable prices of fertilizers and support the agricultural sector by continuing the present subsidy levels and giving special packages of additional subsidy for DAP and three mostly consumed NPK grades.
lt will give Rs. 438 per bag benefit on Di-Ammonium Phosphate (DAP) and Rs. 100 per bag benefit each on NPK 10-26-26, NPK 20-20-0-13 & NPK 12-32-16 so as to maintain prices of these fertilizers affordableto the farmers.
Posts
Hello,
Welcome to "Agrovista Profits"
“Agrovista Profits” is a nonprofitable portal. A peer- Friend for the agriculture news, Agriculture news Blogs, agriculture research and development activities, Agriculture Business, and agriculture allied services. Agrovista Profits is an open-access Portal for opinion formers, decision makers, policy makers and above all the farmers.
We are committed for providing the selected info 24X7 about the agriculture and allied sector and assure you that
“ Agrovista Profits “ will always remain clear, unbiased and factual accounts of development in, or affecting, world agriculture and food security. They will interpret the influence of related aspects (which will remain embedded by the aspects like; Agriculture technology, Agriculture Business, Agriculture news climate, forestry, fisheries and, Agri - economics, Agri - ecology) on these developments. An important objective is to assist decision-makers to ensure policies and methods are evidence-based and sustainable.
No comments:
Post a Comment