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Subsidy for phosphate and potassic fertilizers
October 16 , 2021
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- The Centre has approved an additional fertilizer subsidy for the rabi or winter planting season.
- The Cabinet Committee on Economic Affairs approved the new nutrient-based subsidy rates for phosphatic and potassic fertilisers.
- Unlike urea where the Centre sets a fixed maximum retail price, non-urea fertilizer prices are decontrolled with the Government fixing nutrient-based subsidy rates instead.
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