Latest and breaking news on nutrient based subsidy. Apr 24, 2020 the cabinet committee on economic affairs, ccea today gave its approval for fixation of nutrient based subsidy, nbs rates for phosphatic and potassic p and k fertilizers for the year 202021. Nutrient based subsidy scheme nbs by team next ias april 23, 2020. Sep 23, 2012 government of india is implementing nutrient based subsidy nbs policy w.
Nutrient based subsidy scheme, implemented to control mounting subsidies and to ensur e. Government of india is implementing nutrient based subsidy nbs policy w. The notable features of this scheme are as follows. Icra has come out with its report on nutrientbased subsidy nbs. Nutrient bases subsidy scheme is to ensure balanced use of fertilizers and to improve agriculture productivity. Jul 15, 2012 nutrient based subsidy in urea, a must. What do you understand by nutrient based subsidy nbs. Nutrientbased subsidy ias abhiyan ii ias upsc exam. Nutrient based subsidy scheme has been implemented with the expectation that it will promote balanced fertilization of soil, which will lead to increased agricultural productivity and consequently better returns to the farmers. Nutrient based subsidies for phosphatic and potassic fertilisers announced by the cabinet commitee on economic affairs is positive for the fertiliser manufacturers as the it takes care of any increase in input costs, edelweiss said in a report. Under this program, the subsidy for the fertilizers are fixed annually on the basis of nutrient content present in them. The central government has decided to continue nutrient based subsidy nbs and city compost scheme till 201920. Jan 29, 2018 bringing urea under the nutrient based subsidy scheme would address the issue of distorted soil nutrient ratio.
How keeping urea outside the ambit of nbs has defeated the purpose of promoting balanced fertilizer consumption. On the other hand potassium and phosphorous are covered under the scheme and a fixed subsidy as per content of nutrients is given to suppliers and they change maximum retail price as per market signals. Under the new nutrient based subsidy scheme nbs, subsidies for the period 201011 will now be fixed on the basis of the concentration of each nutrient, n nitrogen, p phosphate, k potash and s sulphur. Nutrient based subsidy nbs the debates and discussions in academic, civil society and policy circles on the ill effects of chemical fertilizers particularly on food security has now been acknowledged by the government of india among others. Nutrientbased subsidy ias abhiyan ii ias upsc exam preparation.
Dec 22, 2011 the nutrientbased subsidy scheme, introduced in april 2010, was meant to resolve these problems. Cabinet approves nutrient based subsidy rates drishti ias. The cabinet committee on economic affairs ccea has approved for continuation of nutrient based subsidy nbs scheme and city compost scheme beyond 12th five year plan till 201920. Nutrient based subsidy scheme nbs next ias current. Fertilizer policy government of india, department of fertilizers. Nutrient based subsidy scheme nbs provisions in india, urea is the only controlled fertilizer and is sold at a statutory notified uniform sale price. As per approval of cabinet committee on economic affairs ccea, the total expenditure likely to be incurred for continuation of nbs and city compost scheme is rs. Fixation of nutrient based subsidy rates for phosphatic and. The new nutrient based fertiliser subsidy policy provides implicit incentives to farmers to test soil samples regularly and get cropwise recommended doses of nutrients, and offers prospective. Nitrogen in indian agriculture the fertiliser association. Half the subsidized urea used by indian farmers is practically money down the drain.
Some of the fertilizers which were under the subsidy scheme were decontrolled. In 2010, the government had launched the nbs programme under which a fixed amount of subsidy, decided on an annual basis, is provided on each grade of subsidised phosphatic and potassic fertilizers, except for urea, based on the nutrient content present in them. Half the subsidized urea used by indian farmers is practically money down. The rps for complex fertilizers and the equated freight scheme. In news the cabinet committee on economic affairsccea has given its approval for fixation of nutrient based subsidy nbs rates for phosphatic and potassic p and k fertilizers for the year 202021. Jul 10, 2014 in her latest communication, the aiadmk chief has flagged concerns of farmers in the state over the introduction of the nutrient based subsidy scheme nbs by the government of india from the 1st. Pdf slides of all the environment videos, 700 slides for free video lectures and study materials on upsc ias preparation, please visit. What are the objectives of nutrient based subsidy scheme. Reduced dependence on fertilizer imports must also figure in the central governments scheme of things. As per the research firm nbs mechanism for urea is a positive step towards marketlinked farm gate pricing, but impact likely to. The department of fertilizers dof notified a new scheme i. The proposal was forwarded by department of fertilizers. In her latest communication, the aiadmk chief has flagged concerns of farmers in the state over the introduction of the nutrient based subsidy scheme nbs. Expense will be on actual basis since national roll out of dbt lead to 100 % payment of subsidy to fertilizer companies.
Fixation of nutrient based subsidy rates for phosphatic. Subsidy scheme name 20182019 actuals 20192020 budget estimates 20192020 revised estimates 20202021 budget estimates. Nutrient based subsidy scheme was introduced in 2010 and is applicable to potassic k based and phosphatic p based fertilizers. The centre is planning to appoint an independent agency to assess the price behaviour of crop nutrients after the introduction of nutrientbased subsidy nbs scheme in 2010. The cabinet committee on economic affairs gave its approval to fix nutrient based subsidy nbs rates for potassium and phosphatic fertilizers on. The government fixes the subsidy on fertilisers based on their nutrient content. What are nutrient based subsidy and city compost scheme. Price of urea continued to remain controlled at almost same level as was in 2010. The new nutrientbased fertiliser subsidy policy provides implicit incentives to farmers to test soil samples regularly and get cropwise recommended doses of nutrients, and offers prospective. Read more about no proposal to decrease subsidies on fertilizers and fixing a nutrient based subsidy rate nbs for urea. Ccea approves continuation of nutrient based subsidy and. Approval to comprehensive new urea policy 2015 nutrient based subsidy rates for phosphatic and potassic fertilizers for the year 201516 the union cabinet chaired by the prime minister, shri narendra modi, today gave its approval to a comprehensive new urea policy 2015 for the next four financial years.
Urea and other fertilisers should be subsided at par. Under this program, the subsidy for the fertilizers are fixed annually on. Govt mulling over fixing nutrientbased subsidy rate for urea. This brought in a package which included massive irrigation projects, new high yielding input responsive varieties and chemical fertilizers. Pdf slides of all the environment videos, 700 slides for free video lectures and. To increase zinc fertilizer production and use in china 34. The approved rates for nbs effective from the date of notification will be rs 18. It is being implemented from april 2010 by the department of fertilizers, ministry of chemicals. Shc is a printed report which contains nutrient status of soil with respect to 12 nutrients. The cabinet committee on economic affairs ccea approved for continuation of nutrient based subsidy nbs scheme and city compost scheme and city compost scheme beyond 12th five year plan till 201920. Mar 29, 2018 the cabinet committee on economic affairs ccea has approved for continuation of nutrient based subsidy nbs scheme and city compost scheme beyond 12th five year plan till 201920. Half the subsidized urea used by indian farmers is.
While the fertilizer subsidy bill may have been trimmed, other subsidies may go up. Incidentally, the 10 percent hike in the price of urea could well have been delayed, to avoid hoarding. Explore nutrient based subsidy profile at times of india for photos, videos and latest news of nutrient based subsidy. Jul 23, 2014 skewed subsidy scheme for fertilizers has resulted in farmers overusing urea. Under the new nutrient based subsidy scheme nbs, subsidies for the period 201011 will now be fixed on the basis of the concentration of each nutrient, n. The cabinet committee on economic affairs gave its approval to fix nutrient based subsidy nbs rates for potassium and phosphatic fertilizers on april 22. Companies are paid a fixed amount for each nutrient used, irrespective of the cost of production.
The intensive agriculture model was introduced in india in the 1960s as part of the green revolution. In this way, fertilizers companies can make new product mixes with micronutrients, according to soil requirement in each region. On 5 th december 2015 the ministry of agriculture introduced the soil health card shc scheme. Cabinet approves nutrient based subsidy nbs rates for. Under the new nutrient based subsidy scheme nbs, subsidies for the period 201011 will now. Nutrient based subsidy scheme raises awareness and enthusiasm 23 promotion of zinc fertilizer in. Read more about no proposal to decrease subsidies on fertilizers and fixing a nutrientbased subsidy rate nbs for urea.
Four videos in support of the zinc nutrient initiative have been released 4. This scheme is for 22 grades of decontrolled fertilizers namely dap, map, tsp, dap lite, mop, ssp, ammonium sulphate and 15. It was aimed at balanced fertilisation by change from product based subsidy to nutrient based subsidy. The approved rates for nbs will be 18 rupees 78 paise per kg for nitrogen, 14 rupees 88 paise per kg for phosphorus, 10 rupees 11 paise per kg for potash and 2 rupees 37 paise.
Nabard current affairs in english free pdf download. Ccea gives green light to rs 22,187 crore fertiliser dole the. Ras pdf and printed notes for ras prelims and mains exam. The cabinet committee on economic affairs, ccea today gave its approval for fixation of nutrient based subsidy, nbs rates for phosphatic and potassic p and k fertilizers for the year 202021. The policy also offers prospective benefits from the point of view of agroenvironmental management.
Key facts the total expenditure for continuation of both schemes till 201920 will be rs. Explore nutrient based subsidy profile at times of india for. Approval to comprehensive new urea policy 2015 nutrient. Nutrient based subsidy on fertilisers to continue till. Recently, the union fertiliser ministry had invited constancy firms like boston consultancy group bcg for a presentation. It is implemented by the union ministry of chemicals and fertilizers.
India reform of subsidy for chemical fertilizer in india, large areas. Ccea approves continuation of nutrient based subsidy and city. A nutrient based sul, olicy for the fertilizer sector has since been. This scheme is for 22 grades of decontrolled fertilizers namely dap, map, tsp, dap lite, mop, ssp, ammonium sulphate and 15 grades of complex fertilizers.
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