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Thursday, June 12, 2008

Highlights of changes in govt's fertiliser subsidy scheme




Thursday, Jun 12

NEW DELHI - Following are highlights of changes made in the
fertiliser subsidy scheme of the government, announced by Finance
Minister P. Chidambaram after a Cabinet meeting today.

* Cabinet approves shift to nutrient-based fertiliser subsidy
* Government approves uniform freight subsidy regime for fertilisers
* Freight subsidy change to widen reach of fertilisers
* Prices of complex fertilisers to fall on change in subsidy plan
* Complex fertiliser price seen dn 1,416 rupee/tn; or up to 70 rupee/bag
* Urea, DAP, MoP prices seen unchanged
* Government says no shortage of fertilisers in India

 

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