Government Says Fertiliser Subsidy May Rise To Rs 2.5 Lakh Crore In 2022-23
NDTV
Government has said that fertiliser subsidy for this fiscal might increase to around Rs 2.5 lakh crore
Government on Monday stressed that availability of fertilisers during the current Kharif (summer-sown) season is more than the estimated demand, adding that its subsidy for this fiscal might increase to around Rs 2.5 lakh crore to ensure that farmers get crop nutrients at highly subsidised rates.
It further said it will take strict action against hoarding of crop nutrients and asked states to monitor fertiliser movement. It also told states to provide accurate information to farmers for ensuring there is no panic buying.
Union Agriculture Minister Narendra Singh Tomar and Chemicals and Fertilisers Minister Mansukh Mandaviya jointly chaired a review meeting virtually on the situation of fertilisers with the agriculture ministers of states, according to an official statement.
Speaking on the occasion, Mr Mandaviya said, "With the government's proactive steps in pre-positioning urea, DAP and NPK and other fertilisers supply, currently, we have more stock for supply of fertilizers for this kharif season than the demand." He also advised states to keep providing farmers with adequate and accurate information regarding availability and not create either a panic situation or misinformation related to fertiliser stocks.
