New Delhi, June 16 -- The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, on Wednesday approved the proposal of the Department of Fertilizers for fixation of Nutrient Based Subsidy Rates for Phosphorus(P) and Potash (K) Fertilizers for the year 2021-22 (till the present season).
Briefing media persons about the decision, Minister of State for Chemicals and Fertilizers Mansukh Mandaviya said Farmers will get subsidy of Rs 1200 per bag of Di-Ammonium Phosphate (DAP) fertilizer instead of Rs 500 and a bag of DAP fertilizer for Rs 1200 instead of Rs 2400 per bag.
Subsidy has been given on Nitrogen above Rs 18 per kg, on Phosphorous above Rs 45 per kg and on Potash above Rs 10 per kg.
The Union Government is ma...