The federal authorities is providing 28 qualities of P&Ok plant meals to farmers at backed 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&Ok plant meals.
The federal authorities on Wednesday approved Rs 24,474.53 crore help on phosphatic and potassic (P&Ok) fertilizers for the rabi interval of 2024-25 to ensure provide of plant vitamins to farmers at price 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&Ok plant meals.
“The tentative budgetary requirement for rabi season 2024 would be approximately Rs 24,475.53 crore,” a essential declaration acknowledged.
The alternative is targeted on guaranteeing the accessibility of plant meals to farmers at backed, price efficient and smart prices.
The federal authorities is providing 28 qualities of P&Ok plant meals to farmers at backed prices by way of plant meals producers/importers.
The help on P&Ok plant meals is managed by the NBS system with impression 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 acknowledged.
The help would definitely be equipped to the plant meals companies in keeping with approved and knowledgeable costs of N (nitrogen), P (phosphorus) and Ok (potash) to make it possible for plant meals are provided to farmers at price efficient prices, it included.
(This story has truly not been modified by News 18 staff and is launched from a syndicated info agency feed – PTI)