Government is not Considering any Stamp Scheme for Providing Subsidy on Fertilisers

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..... Government is not Considering any Stamp Scheme for Providing Subsidy on Fertilisers
News and Press Release
Dated:- 26-4-2012

Press Information Bureau Government of India Ministry of Ch .....

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..... emicals and Fertilizers 26-April-2012 14:05 IST The Government is not considering any stamp scheme for providing subsidy on fertilizers. The Government provides subsidy on 25 grades of P&K fertilize .....

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..... rs along with Urea. Urea is provided to the farmers at statutory price at Maximum Retail Price (MRP) of Rs. 5310/- per Metric Tonne which is much below the cost of Urea. The difference between the cos .....

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..... t of Urea and Statutory MRP of Urea is borne by the Government as subsidy. A fixed amount of subsidy is provided on 25 grades of P&K fertilizers under Nutrient Based Subsidy Policy. The MRP of thes .....

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..... e grades of fertilizers are fixed by the fertilizer companies. An amount of Rs. 65592.13 crore for subsidy on fertilizers has been earmarked by the Government of India for the year 2012-13 (BE). .....

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..... This information was given by the Minister of State for Chemicals and Fertilisers, Shri Srikant Kumar Jena in a written reply in the Lok Sabha today. ….. DNM/AS
News - Press release - PI .....

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..... B .....

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