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Govt allocates Rs 242 subsidy for fertilizers

The Daily Guardian

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December 04, 2024

The Government of India has successfully maintained the availability of fertilizers at affordable prices for farmers, despite disruptions caused by the Russia-Ukraine conflict.

Union Minister of State for Chemicals and Fertilizers, Anupriya Patel, informed the Rajya Sabha on Tuesday. This was achieved through special subsidy packages and proactive policy measures. The government has provided special or additional subsidy packages over and above the Nutrient-Based Subsidy (NBS) rates during Rabi 2021-22, Kharif 2022, Rabi 2022-23, and both Kharif and Rabi 2024. These measures have ensured price stability and absorbed market volatility amid geopolitical uncertainties.

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