News

Title : Govt cuts subsidy on non-urea fertilisers

Description :
The new rates under the nutrient-based subsidy (NBS) scheme for 2012-13, approved by the Cabinet on Thursday, are lower by 10 to 32 per cent a kg. The subsidy for nitrogen has been fixed at Rs 24 a kg, down from Rs 27.15 last year. For phosphate, the subsidy has been cut by 32.6 per cent at Rs 21.80 from Rs 32.33, while for potash the decline is about 10.3 per cent at Rs 24 from Rs 26.76. VISIT: http://www.thehindubusinessline.com/industry-and-economy/agri-biz/article2950609.ece

Date and Time : 02/03/2012 00:00:00

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