Table of Contents
- 1 What is fertilizer subsidy in India?
- 2 What is fertilizer subsidy?
- 3 Who gets fertilizer subsidy?
- 4 Is fertilizer regulated in India?
- 5 Which country give highest subsidy to farmers?
- 6 Which is the No 1 fertilizer company in India?
- 7 Is there any delay in disbursal of fertiliser subsidy?
- 8 What is the difference between holding price of fertilizers and subsidy?
What is fertilizer subsidy in India?
The fixed subsidy on of Di-ammonium Phosphate is being raised to Rs 1,650 per bag from Rs 1,200 now. There will be no price change for farmers, the people said, as the move follows a government directive to companies asking them not to increase retail price of some fertilizers.
What is fertilizer subsidy?
The government has come up with a scheme named Direct Benefit Transfer systems in fertilizers. Under this scheme, the farmers will get the subsidy amount directly in their bank accounts for the purchase of fertilizers. This is truly an excellent initiative taken for farmers by the government.
How much subsidy Indian farmers get?
Thus, farm subsidies form about two percent of India’s GDP. The total input subsidy per ha forms 18.17\% of the farm income per ha, the price support subsidy per ha forms 2.46\% of the farm income per ha and the total subsidy to farmers form about 21\% of their farm income.
Who gets fertilizer subsidy?
The subsidy is paid to fertilizer companies as compensation for selling their products to farmers below market prices. Thus, the price a farmer pays for a 50-kg bag of di-ammonium phosphate (DAP), the most popular fertilizer after urea, will continue to remain at ₹1,200.
Is fertilizer regulated in India?
Since independence, the Government of India (GoI) has been regulating the sale, price, and quality of fertilizers. GoI has declared fertilizers as an essential commodity.
Which subsidy is highest in India?
Social security subsidies
| Region | Social security program | Billion Rupee |
|---|---|---|
| Pan India | Total subsidy for FY-2013-14 (approx) | 3,600 |
| Pan India | Food Security (PDS) (subsidy) | 1,250 |
| Pan India | Petroleum (subsidy) | 970 |
| Rural | Fertilizer (subsidy) | 660 |
Which country give highest subsidy to farmers?
Out of 26 countries and the EU-28 analyzed by the OECD, agricultural subsidies were highest in the Philippines, followed by Indonesia. The government helped local farmers and consumers out to the tune of 3.1 percent of GDP in the Southeast Asian country.
Which is the No 1 fertilizer company in India?
IFFCO the top most company in Fertilizer and Agro Chemicals industries ranked Number One by Fortune India 500. NEW DELHI: Fortune India 500 yet again ranked IFFCO as the top most company in Fertilizer and Agro Chemicals industries in the country.
What is the rank of India in fertilizer production?
Nitrogen Fertilizer Production
| # | 76 Countries | Last |
|---|---|---|
| 1 | #1 China | 2019 |
| 2 | #2 India | 2019 |
| 3 | #3 United States | 2019 |
| 4 | #4 Russia | 2019 |
Fertilizer Subsidy in India Subsidy as a concept originated during the Green Revolution of the 1970s-80s. Fertiliser subsidy is purchasing by the farmer at a price below MRP (Maximum Retail Price), that is, below the usual demand-and-supply-rate, or regular production and import cost.
Is there any delay in disbursal of fertiliser subsidy?
There has been a delay in the implementation of a new system of disbursal of fertiliser subsidy by the present government. What is fertiliser subsidy? Fertilizer subsidy is the difference between the holding price of fertilizers and the price at which fertilizers are made available to consumers.
What is the difference between holding price of fertilizers and subsidy?
Fertilizer subsidy is the difference between the holding price of fertilizers and the price at which fertilizers are made available to consumers. For sustained agricultural growth and to promote balanced nutrient application, the fertilizers are made available to farmers at affordable prices.
What is the rate of fertilizer in India per kg?
The Department of Fertilizers has further notified a higher per-kg NBS (Nutrient Based Subsidy) rate for P. It increased to Rs 45.323/kg while the earlier rate was Rs 14.888/kg. It is the second most commonly used fertilizer in India.