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Subsidy on P&K fertilisers to raise farmers' income: Agri Minister Chouhan

Business Standard LogoBusiness Standard1w ago

Subsidy on P&K fertilisers to raise farmers' income: Agri Minister Chouhan - Business Standard

Quick Summary:

Union Agriculture Minister Shivraj Singh Chouhan on Wednesday said the government's decision to provide subsidy of Rs 24,475 crore on phosphatic and potassic (P&K) fertilisers for rabi season would help reduce input cost for farmers and enhance their income.

The Cabinet's decision would also give new impetus to the government's commitment to reduce production cost, increase income of farmers and make farming a profitable business, the minister added.

Welcoming the decision of subsidy on P&K nutrients, Chouhan said in a social media post on 'X', "this will ensure availability of fertilisers to farmers at affordable rates".


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Article Details

Category: BusinessFinance

Markets:

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News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-18 @ 20:32:56 (1 weeks ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 221 words

Reading Time: 2 minutes read

Sentences: 8 lines

Sentence Length: 28 words per sentence (average)

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

Copyright Owner: © Business Standard

News ID: 22578778

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