Question : OUTSTANDING AMOUNT OF SUBSIDY



(a) whether the fertilizer Industry has been facing the financial crunch due to huge amount of subsidy outstanding against the Government;

(b) if so, the amount of subsidy dues has to be realized by the fertilizer industry from the Government as on date; and

(c) the steps taken by the Government to give relief to the fertilizer industry particularly in Maharashtra?

Answer given by the minister


MINISTER OF STATE (INDEPENDENT CHARGE) IN THE MINISTRY OF STATISTICS AND PROGRAMME IMPLEMENTATION AND MINISTER OF STATE IN THE MINISTRY OF CHEMICALS AND FERTILIZERS (SHRI SRIKANT KUMAR JENA)

(a) & (b) The Budget Estimates for fertilizer subsidy in 2012-13 was Rs. 65,874.00 Crores. Against a projected requirement of Rs.102,207.38 Crores, the Revised Estimates allocated is Rs. 70,628.00 Crores. There is likely to be a carry over liability to the extent of shortfall of funds based on the actual requirement and funds made available under RE.

(c) The fertilizer subsidy is made available to the fertilizer Industry during the financial year 2012-13 including the fertilizer industries in Maharashtra.