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MGNREGS gets extra Rs 14,524-crore, Rs 13,351-crore more for fertiliser subsidy

MGNREGS gets extra Rs 14,524-crore, Rs 13,351-crore more for fertiliser subsidy
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Need for subsidy Or increase in MRP of DAP as global prices rise: FAI

The DAP at Rs 1,350 per bag of 50 kilograms, at present, however, the international prices are elevated to $ 595 per tonne from $ 440 per tonne in July this year.

Fertiliser Association of India: Rise in global prices of DAP fertilisers affecting viability, may need higher subsidy or MRP: FAI

The Fertiliser Association of India (FAI) pointed out a recent rise in global Di-ammonium phosphate (DAP) prices, suggesting a need for increased government subsidies or retail prices if the elevated international rates persist. Presently, fertiliser companies are selling DAP at Rs 1,350 per 50-kilogram bag. FAI Chairman N Suresh Krishnan noted that global DAP prices rose from USD 440 per tonne in July to USD 595 per tonne.

Gross direct tax may surpass Budget by over Rs 1 trillion

Gross direct tax may surpass Budget by over Rs 1 trillion
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