P&K fertilizers Current Affairs, GK & News

Nutrient Based Subsidy rates for P&K fertilizers

April 28, 2022

The central government announced that the Nutrient Based Subsidy (NBS) rates for phosphatic and potassic (P&K) fertilizers for this year’s Kharif season which is from April to September 2022 will be increased to Rs 60,939 crore, as against Rs 57,150 crore for the whole of 2021. Overview: This increase in subsidy will insulate the farmers ..

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Union Cabinet approves Nutrient Based Subsidy

April 23, 2020

On April 22, 2020, the Union Cabinet approved to fix Nutrient Based Subsidies for Phosphatic Potassic fertilizers. Highlights The cabinet also approved the use of complex fertilizer namely Ammonium Phosphate. The expenditure to be spent on the subsidy of the fertilizer is expected to be Rs 22,186 crores. The nitrogenous fertilizers are to be provided ..

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CCEA approves Nutrient Based Subsidy rates for P&K fertilizers

August 1, 2019

Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister has approved proposal for fixation of Nutrient Based Subsidy Rates for Phosphatic and Potassic (P&K) Fertilizers for the year 2019-20. This proposal was forwarded by Department of Fertilizers. Nutrient Based Subsidy Rates 2019-20 Benefits: This will enable manufacturers and importers to formalize supply contracts for ..

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