Question

In march 2018, the government of india extended urea subsidy to farmers till 2020. What was the aim of this initiative?

Answer 1

The Cabinet on Wednesday approved the proposal by the Department of Fertilizers to continue the ongoing Urea Subsidy Scheme from 2017 to 2020.

The estimated cost of this would be ₹1,64,935 crore, the government said. “The continuation of the urea subsidy scheme will ensure that adequate quantity of urea is made available to the farmers at statutory controlled price,” the government said in a release.

The DBT mechanism would entail 100% of the payment going to fertiliser companies on the sale of fertilisers to farmers at subsidised rates.