Chemicals and Fertilizers Minister Mansukh Mandaviya stated that each one backed fertilizers together with urea and DAP (diammonium phosphate) will probably be bought from October below a single model title – “Bharat” – below the Centre’s ‘One Nation, One Fertilizer’ initiative. Saturday.
Mandaviya stated that the target of this initiative is to make sure well timed provide of fertilizers to the farmers, deliver uniformity in provide and scale back the subsidy burden in case of excessive freight expenses.
He stated that until now there’s a criss-cross motion of fertilizers because of model choice in several components of the nation.
Giving examples of such agitation, Mandaviya stated that the fertilizer manufactured by the Indian Farmers Fertilizer Cooperative Limited (IFFCO) and the Krishak Bharti Sahakari Limited (KRIBHCO) in Uttar Pradesh is shipped to Rajasthan, whereas the vitamins made by Chambal Fertilizers are despatched to UP. are bought in. Similarly, IFFCO/Kribhco fertilizers from UP are bought in Madhya Pradesh, and fertilizers manufactured by National Fertilizers Ltd in MP are bought in UP, he stated.
This results in a rise in freight subsidy, Mandaviya stated. “One Nation, One Fertilizer will stop the crisscross movement of fertilizer for long distances. This will reduce the logistics cost and also ensure availability throughout the year,” he stated.
In addition, it additionally ends in greater “average lead” (distance of fertilizer luggage from supply to vacation spot), which the federal government goals to deliver down, he stated. Mandaviya stated that earlier than 2019 the common lead was 900-1000 km, which has come all the way down to 850-900 km in 2019-20 and 700-750 km in 2020-21. He stated that now the federal government goals to deliver down the common lead beneath 500 km by implementing the One Nation, One Fertilizer initiative.
This will save freight subsidy, which is between Rs 6,000 crore and Rs 9,000 crore, the minister stated. He stated that the common subsidy for motion of 1 lakh metric tonnes of fertilizer has come down from Rs 19.03 crore in 2019-20 to Rs 11.59 crore in 2020-21.
The One Nation, One Fertilizer initiative is a part of the Centre’s fertilizer subsidy scheme Pradhan Mantri Bhartiya Janurvarak Pariyojana (PMBJP). He stated that as a part of this, the federal government additionally plans to arrange Pradhan Mantri Kisan Samridhi Kendra (PMKSK), which can act as a one-stop heart for farmers to entry providers like soil well being testing, They stated.
Sharing the subsidy particulars, Mandaviya stated that the present subsidy of the federal government is 80 per cent of the worth of urea luggage, 65 per cent of DAP luggage, 55 per cent of NPK. [Nitrogen (N), Phosphorous(P) and Potassium (K)] and 31 p.c of MOP (Murrate of Potash).
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Under the brand new initiative, the quantity of subsidy being given by the federal government and the worth payable by the farmers will probably be talked about on every bag of the backed fertiliser. According to ministry officers, a 3rd of the entrance aspect of the bag is at present earmarked for corporations to write down their title and put their brand; The remaining two-thirds of the area will probably be used for giving particulars of the subsidy scheme.
Mandaviya stated the present subsidy invoice is estimated to achieve Rs 2.25 lakh crore in 2022-23, which will probably be greater than final yr’s determine of Rs 1.62 lakh crore.
With inputs from TheIndianEXPRESS
