(a) whether the Government proposes to make any change in the new Nutrient Based Subsidy Scheme for fertilizers;
(b) if so, the reasons therefor; and
(c) the time by which such change is likely to come into effect ?
(a) whether the Government proposes to make any change in the new Nutrient Based Subsidy Scheme for fertilizers;
(b) if so, the reasons therefor; and
(c) the time by which such change is likely to come into effect ?
MINISTER OF STATE IN THE MINISTRY OF CHEMICALS & FERTILIZERS (SHRI SRIKANT KUMAR JENA)
(a) & (c): In the context of Nation`s food security, the declining response of agricultural
productivity to increased fetilizer usage in the country and to ensure the balanced applicatin
of fertiilizers, the Government has intorduced the Nutrient Based Subsidy (NBS) Policy with
effect from 1.4.2010 for decontrtolled P & K fertilizers (w.e.f. 1.5.2010 for SSP). As per
this policy, the fertilizers namely DAP, MOP, NPKS Complexes, MAP, TSP, Ammonium Sulphate (AS)
and Single Super Phosphate (SSP) are provided to the farmrs at the subsidized rates based on
the nutrients (`N`, `P`, `K` & `S`) contained in these fertilizers. Additional subsidy is
also provided on the fertilizers fortified with secondary and mocronutrients as per the
Fertilizer Control Order such as Boron and Zinc. NBS has been announced for 2010-11 on
annual basis based on prevailing international prices and price trends. Since this scheme
has just been launched about 3 months ago, therefore at present, Government is not considering
any change in the NBS. Subsidy under the NBS is being released through the manufacturers/
importers.