28 Apr 2012

Rs. 74169.85 Crore Fertilizer Subsidy Released in 2011-12


The Year-wise amount of fertilizers subsidy released in the last three years is as under: -

YEAR
INDIGENOUS
P&K
IMPORTED UREA
IMPORTED
P&K
INDIGENOUS
UREA
TOTAL
2009-10
16000.00
6999.63
23452.06
17580.25
64031.94
2010-11
20650.00
9255.95
20850.00
15080.73
65836.68
2011-12
19837.49
17475.00
16571.92
20285.44
74169.85

            The fertilizer subsidy is transferred to the farmer (including the marginal and small farmers) by way of a heavily subsidized MRP.  As on date, a farmer pays only approximately 50% of the cost of fertilizer as MRP.  It does not get set off with the price of urea.
            Currently, urea units are manufacturing urea as per the New Pricing Scheme (NPS), stage III.  Formulation of policy for existing urea units beyond NPS, stage III is still under consideration of the Government. 
This information was given by the Minister of State for Chemicals and Fertilisers, Shri Srikant Kumar Jena in a written reply in the RajyaSabha today.

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