Union Cabinet okays Extension of Subsidy on DAP Fertilizer for Farmers

New Delhi: The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the proposal of the Department of Fertilizers for the extension of a one-time Special Package on Di-Ammonium Phosphate (DAP) beyond the NBS subsidy at Rs 3,500 per metric tonne (MT) for the period from January 1, 2025, till further orders to ensure sustainable availability of DAP at affordable prices to the farmers, according to an official statement issued on Wednesday.

The decision will ensure greater availability of DAP to farmers at subsidized, affordable and reasonable prices, the statement said.

The Special package on DAP at Rs 3,500 per MT will be provided for the period from January 1, 2025, till further orders over and above the approved NBS subsidy to ensure smooth availability of DAP fertilizer to the farmers at an affordable price, the statement added.

As many as 28 grades of P&K fertilizers are made available to farmers at subsidized prices through fertilizer manufacturers and importers. The subsidy on P&K fertilizers is governed by NBS Scheme with effect from April 1, 2010.

“Continuing top most priority in keeping farmers’ welfare in firm focus, the Government of India has extended a massive relief to farmers in keeping the price of Di-Ammonium Phosphate (DAP) fertilizer unchanged,” the statement said. Despite the geo-political constraints and volatility of global market conditions, the government has kept its commitment towards a farmer-friendly approach by ensuring the availability of DAP to farmers at affordable prices for Kharif and Rabi 2024-25. (IANS)

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