On which nutrients a fixed rate of subsidy has announced under the NBS Policy?
On which nutrients a fixed rate of subsidy has announced under the NBS Policy?
A. Nitrogen (N)
B. Phosphate (P)
C. Sulphur (S)
D. All of these
Explanation:
Government of India is making available fertilizers, namely Urea and 22 grades of Phosphatic & Potassic (P&K) fertilizers including Di-ammonium Phosphate (DAP), Muriate of Potash (MOP) & Single Superphosphate (SSP) to farmers at subsidized prices through fertilizer manufacturers/ importers. Under the NBS Policy, a fixed rate of subsidy (in Rs. per Kg basis) is announced on nutrients namely Nitrogen (N), Phosphate (P), Potash (K) and Sulphur (S) by the Government on annual basis. The per Kg subsidy rates on the nutrient N, P, K, S is converted into per Tonne subsidy on the various P&K fertilizers covered under NBS Policy.