A decision in this regard was taken at the meeting of the Cabinet Committee on Economic Affairs headed by Prime Minister Narendra Modi The Centre on Wednesday slashed the subsidy on non-urea fertilisers, a move that would reduce the burden on the exchequer to ₹22,186.55 crore in this fiscal amid the COVID-19 outbreak.
A decision in this regard was taken at the meeting of the Cabinet Committee on Economic Affairs (CCEA) headed by Prime Minister Narendra Modi. "The CCEA has given its approval for fixation of nutrient-based subsidy (NBS) rates for phosphatic and potassic (P&K) fertilisers for 2020-21.
The expected expenditure for release of subsidy on P&K fertilisers during 2020-21 will be ₹22,186.55 crore," Information and Broadcasting
Read more on livemint.com