New Delhi, Apr 8: The Union Cabinet on Wednesday cleared a ₹41,533 crore proposal to provide fertiliser subsidies for the upcoming kharif season, aiming to support farmers and ensure fertiliser affordability during the crucial planting period.
The subsidy approval is part of the government’s ongoing efforts to keep agricultural inputs within reach for cultivators, particularly small and marginal farmers. The move is expected to help maintain crop productivity, encourage sowing activities, and reduce the financial burden on farmers ahead of the monsoon.
Officials said the subsidy will be made available on key fertilisers used during the kharif season, helping farmers secure the necessary nutrients for their crops at lower effective prices. This support is seen as essential for stabilising farm incomes and ensuring the timely application of fertilisers, which can influence crop yields and overall agricultural output.
The decision aligns with the broader agricultural policy focus on strengthening the rural economy and safeguarding farmers against volatility in input costs. By subsidising fertiliser prices, the government aims to promote sustainable farming practices and improve food security.
Agricultural experts and farmer organisations welcomed the move, noting that stable input prices play a vital role in enabling farmers to plan their cropping strategies and manage expenses effectively.
The subsidy package will be implemented through existing mechanisms to ensure that fertilisers reach the field in a timely and efficient manner, supporting the country’s planting and production goals for the kharif season.
