The Indian government has allocated Rs 3.71 lakh crore for food and fertiliser subsidies in the 2025-26 financial year. This marks a 0.70% increase compared to the current fiscal year’s estimated spending. Food Subsidy: A Slight Rise For food subsidies, the government has set aside Rs 2.03 lakh crore for 2025-26. This is slightly higher…
The fertilizer department has proposed a major reform to improve subsidy distribution. It asked the agriculture ministry to create a system using land records, cropping patterns, and soil health data. This system will determine subsidies for farmers and aims to roll out Direct Cash Transfers (DCT). Moreover, a parliamentary panel has expressed its support for…
The Union Cabinet, under the leadership of Prime Minister Shri Narendra Modi, has approved the Nutrient Based Subsidy (NBS) rates for Phosphatic and Potassic (P&K) fertilizers for the upcoming Rabi Season 2024. This important decision, proposed by the Ministry of Chemicals & Fertilizers, ensures that farmers will have access to fertilizers at affordable prices from…
