The Commission for Agriculture Costs and Prices (CACP) has recommended to the Central Government that cash fertilizer subsidy be given to farmers. The Commission said that this amount can be given to the farmers in two times. This amount will be in addition to the PM Kisan Samman Nidhi (PM Kisan Samman Nidhi).
new Delhi. The Commission for Agricultural Costs and Prices (CACP) has recommended the central government to give Rs 5,000 to farmers in addition to the PM Kisan Samman Nidhi (PM-KISAN). The Commission has said that farmers should be given a cash Fertilizer Subsidy of Rs 5,000 every year as a fertilizer subsidy. The Commission has recommended that this amount can be transferred directly to farmers’ bank accounts (DBT) in two times. Under this, Rs 2,500 can be given in the Kharif Crop and Rs 2,500 in the season of Rabi Crop.
Center will stop subsidizing fertilizer companies
If the recommendation of the Commission advising the Central Government on the Minimum Support Price (MSP) of Farm Produces, if the PM Samman Nidhi is provided with a fertilizer subsidy of Rs 5,000 in addition to Rs 6,000 annually, direct bank account (DBT) I will meet you At the same time, if the fertilizer subsidy will be sent directly to the accounts of the farmers, then the central government can now end the subsidy given to companies for selling cheaper fertilizer companies.
then the government will give a total of Rs 11,000 to farmers every year
Due to the subsidy received by the fertilizer companies, farmers get urea and P&K fertilizer at a cheaper price in the market at this time. In lieu of this, the government gives the amount equal to the difference between the actual price and the subsidized price with the discount. The government currently gives 2000-2000 rupees to farmers under the Prime Minister Kisan Samman Nidhi (PM-KISAN) three times. So far 9 crore farmers are registered under this scheme. If the recommendation is accepted, then the government will give Rs 11,000 to the farmers every year with fertilizer subsidy.
