Page 6 - Fertiliser Subsidy

Govt's fertiliser subsidy arrear touches Rs 23,284 cr till Dec 2018

Minister of State for Fertilisers Rao Inderjit Singh said the government is releasing subsidy to fertiliser companies on a regular basis subject to the availability of budget

Govt to clear fertiliser subsidy arrears of Rs 100 bn by March: Gowda

The government will also not raise the minimum retail price (MRP) of urea to protect farmers interest, he said

Rising input price to increase fertiliser subsidy

So far in FY18, production of urea has been lower compared with last year

Nod to Rs 10,000-cr bank aid for fertiliser subsidy

Govt making available urea and 21 grades of phosphate and potassium fertilisers to farmers at subsidised prices

Govt introduces DBT for fertiliser subsidy in 7 states, union territories

We intend to cover the entire country by January 2018: Govt official

From June, fertiliser firms to get subsidy after PoS retail sale

The move will help reduce the government's fertiliser subsidy bill by up to 20 per cent

Subsidy on P&K fertiliser cut to Rs 21,274 crore for FY17

The move might save the exchequer around Rs 5,000 crore

Govt plans direct benefits transfer in fertiliser subsidy

Government plans to directly transfer the fertiliser subsidy to farmers and a pilot project for the same is also being considered in 20 districts. The Department of Fertilisers (DoF) is working on a road-map to capture the details of farmers so that sales data can be captured and subsidy can be transferred to farmers' accounts directly, according to a Parliamentary Standing Committee report. "The Department (DoF) is working closely with the Mission Directorate (DBT) to implement DBT in fertilisers," the report added. According to sources, the government is planning to conduct a pilot project in 20 districts for direct transfer of subsidy on phosphoric and potassic fertilisers to the farmers. The report has also added that districts of Gujarat and Odisha are being selected to go for pilot project. The government had allocated about Rs 73,000 for the fertiliser subsidy in the current fiscal. In fertiliser subsidy, the government has allocated Rs 38,200 crore for domestic urea and .

Kanika Datta: If the fertiliser subsidy were abolished...

Doing so is politically tough for any government but there are sensible policy choices to streamline it