Monday, July 4News That Matters

MRP of 45 kg of bag of urea is statutorily fixed Rs. 242 per bag

New Delhi: Recently there was an increase in the international prices of raw materials for manufacturing P&K fertilizers and finished P&K fertilizers. To avoid any distress arising out of this increase, the Govt. announced additional funds of Rs.14,775/- Crore for DAP and P&K fertilizers. The Government of India has notified new NBS rates for P&K fertilizers on 20.05.2021 till Kharif season 2021 i.e. till Oct. 2021, wherein the subsidy on P&K fertilizers has been increased in order to keep the MRP of DAP and other P&K fertilizers at affordable prices in order to mitigate/minimize the adverse effect arising due to such increase in the international prices.
Besides, the MRP of Urea is statutorily fixed by the Government of India. MRP of 45 kg of bag of urea is Rs. 242 per bag (exclusive of charges towards neem coating and taxes as applicable).
Apart from the above, DA&FW has informed that the Govt. has adopted several developmental programmes, schemes, reform and policies that focus on higher income for the farmers. All these policies and programmes are being supported by higher budgetary allocation, non-budgetary financial resources by way of creating Corpus Funds like Micro Irrigation Fund and Agri-marketing schemes to strengthen eNAM and GrAMs, as also in the Ministry of Fisheries, Animal Husbandry and Dairying to promote dairy and fisheries sectors. There have been several reforms to unleash the potential and these include Market Reforms like model APLMC (Promotions and Facilitations) Act, 2017; Establishment of Gramin Agriculture markets (GrAMs); Agri Export Policy, 2018; The Farmers Produce Trade and Commerce (Promotion and Facilitation) Act, 2020; The Farmers (Empowerment and Protection) Agreement on Price Assurance and Farm Services Act, 2020; Amendments to Essential Commodity Act, 1955; Promotion of 10,000 FPOs with necessary financial support under Atma Nirbhar Package (Agriculture) and Supplementary Income transfers under PM-KISAN; Pradhan Mantri Fasal Bima Yojna (PMFBY); Pradhan Mantri Krishi Sinchai Yojna (PMKSY); Increase in Minimum Support Price (MSPs) for all Kharif and Rabi Crop ensuring a 50% of profit margin on the cost of production; Har Med Par Ped; Bee-Keeping; Rashtriya Gokul Mission; Blue Revolution; Interest Subvention Scheme; Kisan Credit Card (KCC) that now offers production loan to even dairy & fishery farmers besides agricultural crops etc.
This information was given by the Minister of Health & Family Welfare and Chemicals & Fertilizers, Shri Mansukh Mandaviya in a written reply in Rajya Sabha today.
—PIB

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