 "Mansukh Mandaviya")
The Union Cabinet on Wednesday approved 'Deep Ocean Mission' for sustainable use of ocean resources and nutrient-based subsidy.
Union Cabinet approved the proposal of the Department of Fertilizers for fixation of 'Nutrient Based Subsidy Rates' for Phosphatic and Potassic (P&K) Fertilizers for the year 2021-22, said Chemicals and Fertilizers Minister Mansukh Mandaviya.
"The subsidy is released to fertilizer companies as per NBS rates so that they can make available fertilizers to farmers at affordable price. In last few months, the international prices of raw materials of DAP and other P&K fertilizers have increased sharply. Prices of finished DAP etc. in international market
