DAP fertilizer bags will be available at Rs 1,200 instead of Rs 2,400, the Center has increased the subsidy from Rs 500 to Rs 1,200.

Government's big gift to farmers: DAP fertilizer bags will be available at Rs 1,200 instead of Rs 2,400, the Center has increased the subsidy from Rs 500 to Rs 1,200.



(File photo)

The central government will spend an additional Rs 14,775 crore on subsidies for this



The central government on Wednesday evening brought good news for farmers. The government has increased the subsidy on DAP fertilizer by 140%. This means that farmers will now get a subsidy of Rs 1,200 instead of Rs 500 per bag. This will give farmers Rs 1,200 instead of Rs 2,400 for compost bags.

The decision was taken at a high-level meeting chaired by Prime Minister Narendra Modi. The PM said that despite the rise in international markets, farmers will get fertilizer at the old rates. The central government will spend an additional Rs 14,775 crore on subsidies for this.

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The meeting discussed the issue of rising fertilizer prices due to rising prices of phosphoric acid, ammonia, etc. internationally. The Prime Minister emphasized that despite the rise in international prices, it has been decided to make fertilizer available to farmers at the old rates.

Rahul Gandhi tweeted about the hike in prices
Congress MP Rahul Gandhi this morning with a news from Bhaskar slammed the central government over the hike in DAP prices. He wrote that why did the central government increase ?: Why did the central government reduce the price of GST and petrol and diesel fertilizer, the income of Modi's friends, the atrocities on food donors
? Agricultural subsidies, farmers' income and the dignity of the central government

Earlier, there was a subsidy of Rs 500 on the
price of Rs 1,700. Last year, the actual price of DAP was Rs 1,700 per bag. In which the central government was giving Rs. 500 per bag. So the companies used to sell fertilizer to the farmers at Rs. 1200 per bag. Recently, the international prices of phosphoric acid, ammonia, etc. used in DAP have gone up by 60% to 70%.

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As a result, the actual price of a DAP bag is now Rs 2,400, which is being sold by fertilizer companies at Rs 1,900 with a subsidy of Rs 500. With today's decision, farmers are getting bags of DAP for only Rs 1,200.

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After another big gift renewable tritiya farmers,
farmers' interests after the direct transfer of renewable trtiyana PM-KISAN Rs Rs 20.667 crore farmers account under the Plan is the second major decision. The central government spends about Rs 80,000 crore every year on chemical fertilizer subsidies. Along with increasing the subsidy in DAP, the Government of India will spend an additional Rs 14,775 crore during the kharif season.