The government has allocated nearly Rs 1.71 lakh crore as fertilizer subsidies until January in the current fiscal year, aiming to ensure affordable prices and adequate availability of fertilizers for farmers. Minister of State for Chemicals and Fertilizers Bhagwanth Khuba stated in a written reply to Lok Sabha that the subsidy covers various fertilizers and follows the Nutrient Based Subsidy (NBS) policy since April 1, 2010, for Phosphatic and Potassic (P&K) Fertilizers.
Budget 2024: Here are the schemes that got more, and those which got lower outlay thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
The shares of National Fertilisers, RCF and Chambal Fertilisers however are seen trading with optimism ahead of the budget (interim) day up by 2.45 percent, 1.68 percent and 1.94 percent respectively.
Price Capping Formula Introduced For Phosphatic & Potassic Fertilizers menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
India caps profit margin at 8-12% for makers of non-urea fertilizers thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.