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Centre extends additional subsidy on DAP, costing up to Rs 3,850 crore

Business Standard LogoBusiness Standard5d ago

Centre extends additional subsidy on DAP, costing up to Rs 3,850 crore - Business Standard

Quick Summary:

This package was in addition to the nutrient-based subsidy (NBS) provided by the government for non-urea fertilisers in the Budget.

Chouhan also chaired a review meeting of the rural development ministry where he ordered quick allocation of 1 million new houses under Pradhan Mantri Awas Yojana (PMAY-G).

The package aimed to cover the additional costs incurred by companies for importing finished DAP or its raw materials, which had risen due to longer transportation routes caused by geopolitical tensions.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-01 @ 19:13:18 (5 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 531 words

Reading Time: 3 minutes read

Sentences: 25 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24804363

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 226 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

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Publisher ID: #49

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