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Cabinet approves continuation of ongoing urea subsidy scheme beyond 12th Five Year Plan

News and Press Release - Dated:- 15-3-2018 - The Cabinet Committee on Economic Affairs, chaired by Prime Minister Shri Narendra Modi has approved the proposal of Department of Fertilizers to continue Urea Subsidy Scheme upto 2019-20 at a total estima .....

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.f 1st April, 2017 and is wholly financed by the Government of India through Budgetary Support. The continuation of Urea Subsidy Scheme will ensure the timely payment of subsidy to the urea manufacturers resulting in timely availability of urea to fa .....

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try. This is in continuation to farmer-friendly policies of the Central Government. Earlier, 100% Neem Coated Urea was made mandatory in 2015. A study conducted by the Department of Agriculture, Cooperation & Farmers Welfare (DAC&FW) had foun .....

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e in yield of sugarcane to extent of 17.5 per cent. An increase in yield of maize to the extent of 7.14 per cent. An increase in yield of Soybean to the extent of 7.4 percent. An increase in yield of Tur/Red Gram to the extent of 16.88 per cent. Neem .....

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ags. This will effectively help reduce the cost of fertilizers to the farmers. Government had earlier notified New Urea Policy, 2015, with the objectives of maximizing indigenous urea production; promoting energy efficiency in urea production; and ra .....

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y availability of Urea to the farmers at an affordable price. Today's decision reiterates the commitment of the present Government towards the welfare of the farmers. Background: Chemical Fertilizers have played an important role in making the co .....

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