Tag: fertilizer subsidy

Fertilizer subsidies to come down, Mandaviya says

January 17, 2024 admin

Union Health Minister Mansukh Mandaviya. File | Photo Credit: ANI Talking to reporters about his new book ‘Fertilising the Future: Bharat’s March Towards Fertiliser Self-Sufficiency’, Union Fertilizers Minister Manuskh Mandaviya said here on Wednesday that consistent steps taken by the Narendra Modi government are leading to decrease in fertilizer subsidies and self reliance in fertilizers…

Business

India may earmark $48 bln for next year’s food, fertiliser subsidies

January 17, 2024 admin

A farmer spreads fertiliser on his field in Satara district, Maharastra. File | Photo Credit: Reuters India may earmark about $48 billion for food and fertiliser subsidies for the next fiscal year, two government sources said, indicating fiscal caution ahead of this year’s general election. Food and fertiliser subsidies account for about one-ninth of India’s…

Business

A Budget without a vision for agriculture

February 1, 2023 admin

A farmer spreads fertilizer in a field, at a village in Madurai. | Photo Credit: PTI Globally, there is a twin crisis in agriculture: in food and in fertilizers. On the one hand, there are fears of a fall in the global production and availability of food. The rise in food inflation has been an…

Business

A Budget that signals growth with stability

February 1, 2023 admin

‘The Finance Minister has continued the trend of making a greater allocation to infrastructure spending’ | Photo Credit: ANI The Economic Survey that was placed in Parliament before the presentation of the Budget for 2023-24 has laid emphasis on the point that India has staged a remarkable broad-based recovery to reach the level of income…

Business

Centre ‘doubles’ fertilizer subsidy as prices see a surge

November 2, 2022 admin

Image for representation purpose only. | Photo Credit: K.K. Mustafah Considering the huge increase in the prices of fertilizers in global market, the Centre has ‘doubled’ the fertilizer subsidy for this rabi season. A meeting of the Union Cabinet here on Wednesday approved a subsidy of ₹51,875 crore to Nitrogen (N), Phosphorus (P), Potash (K)…

Business