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Government will increase fertilizer subsidy to give relief to farmers

Connexionblog by Connexionblog
April 27, 2022
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Government will increase fertilizer subsidy to give relief to farmers
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Fertilizer subsidy to give relief to the central government farmersFertilizer Subsidy) can increase. Kharif season is approaching and raw material of fertilizers is getting very expensive. Recently, the fertilizer companies had increased the prices of DAP by Rs 150. The price of urea and other fertilizers is also expected to increase. In such a situation, farmers already troubled by the rising prices of diesel (FarmersBut the government does not want to burden the inflation of fertilizers. According to media reports, approval has been given to increase fertilizer subsidy in the cabinet meeting. Which can be announced soon. If the government does not increase the subsidy, then farmers will have to buy expensive fertilizers. At present, the government does not want to take the political risk of buying expensive fertilizers from farmers.

It is the effort of the government that the burden of increasing the rate of raw material should not fall on the farmers. That is why she is preparing to bear the burden of subsidy further. It has been told that due to the Russo-Ukraine war, the prices of raw materials of fertilizers have increased sharply in the international market. Because the supply of phosphatic and potassium fertilizers is getting affected. According to fertilizer companies, raw material has become very expensive. The raw material of compost also comes from Canada, China, Jordan, Malaysia, Indonesia and America.

how much is fertilizer subsidy

For the last few years, the fertilizer subsidy used to be around Rs 80 crore. But due to the rising price of raw material, the price of DAP had almost doubled. That’s why the government gave relief to the farmers by giving huge subsidy. But due to this, the fertilizer subsidy had reached Rs 1.28 lakh crore in 2020-21. After this again the price of raw material increased, even then the government decided that its effect would not be allowed to fall on the farmers. In this way in 2021-22 it became even more. It is being told that this time this subsidy will reach Rs 1.4 to 1.5 lakh crore.

The issue was raised in the meeting of NITI Aayog

Natural farming at Vigyan Bhawan by NITI Aayog on Monday 25th April (Natural FarmingIn the meeting held on ) Gujarat Governor Acharya Devvrat raised the issue of fertilizer subsidy. Agriculture experts had said that the fertilizer subsidy could reach up to Rs 2 lakh crore in some time. Madhya Pradesh CM Shivraj Singh Chouhan had said that it is necessary to encourage and cooperate with the farmers to adopt natural farming, just as subsidy and other assistance were provided to the farmers for green revolution.

read this also

How much subsidy on urea, DAP

In the past, Chemicals and Fertilizers Minister Mansukh Mandaviya had said in the Rajya Sabha that it is the endeavor of the government that farmers get various fertilizers including urea in sufficient quantity and at the right price. For this, the full burden of subsidy is being taken. Mandaviya had told that the price of urea in many countries (Urea Price) is about four thousand rupees per sack, while in India its price is 266 rupees. Similarly, on DAP, the government is giving a subsidy of Rs 2650 per bag.

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