Fertilizer Subsidy Scheme 2022

Introduction

• Fertilizer Subsidy Scheme is a centrally funded scheme.
• It has been launched by Prime Minister Sh. Narendra Modi on 01 April 2022.
• It is operated and and maintained by Department of Fertilizers.
• The tag line of this Fertilizer Subsidy Scheme is PROSPEROUS FARMER, PROSPEROUS INDIA.
• It's main objective is to provide Nutrient Based Subsidy (NBS) rates for Phosphatic and Potassic (P&K) fertilizers to the farmers.
• At present it is a short term scheme for only Kharif Season.
• It started from 01 of April 2022 and will end on 30th of September 2022.
• The amount of subsidy approved by the government for this scheme is Rs. 60,939.23 crore.
• The government has increased the subsidy by 50 percent per bag as compared to last year.

Subsidized Rates of Fertilizers

Feature of the Scheme

• There has been a huge jump in the prices of fertilizers around the world.
• And, Agriculture is the biggest source of livelihood in India.
• Around 70 percent of India's population is still depend on agriculture for their livelihood.
• Of these, 82 percent farmers are small and marginal.
• To increase the production of their crops, to protect them from diseases, and to increase the fertility of the soil, farmers use fertilizers in their lands.
• But due to very high prices of fertilizers, some farmers can't afford to buy the same.
• This causes heavy loss to their crops and their lands.
• Keeping this in mind, Government of India provide huge amount of subsidy on fertilizers to the farmers every year
• This will help the farmers and make them able to buy fertilizer at subsidized rates.
• Fertilizers Subsidy Scheme 2022 gives farmers an opportunity to buy fertilizers bag on a very low rates as comparison to the rates in market.
• In this scheme government will provide subsidy on the purchase of Phosphatic and Potassic (P&K) Fertilizers to the farmers.
• The maximum amount of subsidy is on DAP Fertilizer i.e. Rs. 2,501.
• The minimum amount of subsidy is on MOP Fertilizer i.e. Rs. 759.
• This will help the farmers to procure the required quantity of fertilizers for their agricultural fields.

How to Avail Benefit

• Under this scheme farmers will directly get the subsidized fertilizers on the government managed Sehkari Store.
• Farmers will only have to pay the subsidized amount of fertilizers.

Important Links

• Department of Fertilizers.
• Department of Agriculture & Farmer Welfare.
• IFFCO (Indian Farmers Fertiliser Cooperative).
• National Fertilizers Limited.
• Indian Potash Limited.
• Fertilizer Subsidy Scheme Official Press Release.

Contact Details

• Nodal Officer Department of Fertilizers :- 011-23381395.