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Home News News and Press Release Month 10 2012 2012 (10) This |
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Modification in the procedure for release of fertilizer subsidy by Department of Fertilizers with the introduction of Mobile Fertilizer Monitoring System (m-FMS) for all fertilizers |
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11-10-2012 | |||
Press Information Bureau Government of India Cabinet Committee on Economic Affairs (CCEA) 11-October-2012 12:14 IST The Cabinet Committee on Economic Affairs has approved that the payment of fertilizer subsidy to companies will be based on the receipt of fertilizers and the acknowledgement of receipts of fertilizers by the retailers (last point of sale of fertilizers). The acknowledgement of the receipt will be tracked on the ICT enabled mobile Fertilizer Monitoring System (mFMS) and the fertilizer Monitoring System (FMS). A part of the subsidy will be paid on receipt of fertilizers in the district to the companies. ****
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