Big relief to farmers before Diwali, central government has given approval to this type of subsidy

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Image Source: Twitter

- A subsidy of Rs 1.89 per kg has been sanctioned for sulphur

New delhi date. 25 October 2023, Wednesday

There is good news for farmers ahead of Diwali. Modi government has given a big relief to the farmers. The Union Cabinet today approved a Rs. 22,303 crores subsidy proposal has been approved. Information and Broadcasting Minister Anurag Thakur has informed the media about this decision after the Cabinet meeting.

The Cabinet has decided to provide nutrition based subsidy on various soil nutrients like nitrogen, phosphorus, potash and sulphur. The subsidy will be applicable for ravi crop season from 1 October 2023 to 31 March 2024. Anurag Thakur said that di-ammonium phosphate fertilizer will be given to the farmers at the rate of Rs 1,350 per bag as before. On the other hand, rates of muriate of potash will be reduced.

Here are the new rates of subsidy

The government has approved a subsidy of Rs 47.02 per kg on nitrogen, Rs 20.82 per kg on phosphorus and Rs 2.38 per kg on potash. On the other hand, a subsidy of Rs 1.89 per kg has been sanctioned for sulphur.


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