The centre is planning to appoint an independent agency to assess the price behaviour of crop nutrients after the introduction of nutrient based subsidy nbs scheme in 2010. This note sets out the revenue approach to confirming employer eligibility and examination of supporting proofs. Cabinet approves nutrient based subsidy rates drishti ias. Nutrient based subsidy on fertilisers to continue till. The subsidy will be paid to eligible employers in 2 payments, with the first being not later than june 2020. Recently, the union fertiliser ministry had invited constancy firms like boston consultancy group bcg for a presentation. The government is likely to fix nutrientbased subsidy.
While the nbs certainly did not lead to any decline in subsidy on fertilizer, it did lead to worsening of soil nutrient quality, along with shortages and price increases in all three types of major nutrients, namely nitrogenous, phosphoric and potassic. Government of india is implementing nutrient based subsidy nbs policy w. Article pdf available in economic and political weekly 4549. Amount of fertilizer subsidy paid during the last two years is rs 69197. Expense will be on actual basis since national roll out of dbt lead to 100 % payment of subsidy to fertilizer companies. Under this program, the subsidy for the fertilizers are fixed annually on the basis of nutrient. The notable features of this scheme are as follows.
Continuation of nutrient based subsidy and city compost. Approval to comprehensive new urea policy 2015 nutrient based subsidy rates for phosphatic and potassic fertilizers for the year 201516 the union cabinet chaired by the prime minister, shri narendra modi, today gave its approval to a comprehensive new urea policy 2015 for the next four financial years. Nutrient bases subsidy scheme is to ensure balanced use of fertilizers and to improve agriculture productivity. The policy allows the farmers to choose the right combination of fertilisers for their crop to achieve the right balance of nutrients. Dbt will save the government quite a lot on the subsidy by eliminating misuse and ensuring better targeting through aadhaar linkage the manufacturers of nonurea fertilisers are given uniform subsidy on per nutrient basis under the nutrient based scheme nbs. The purpose of this study is to evaluate the experiences of recent applications of agricultural input subsidies in subsaharan africa ssa. In news the cabinet committee on economic affairsccea has given its approval for fixation of nutrient based subsidy nbs rates for phosphatic and potassic p and k fertilizers for the year 202021. Nutrient based subsidy scheme was introduced in 2010 and is applicable to potassic k based and phosphatic p based fertilizers. Guidance on employer eligibility and supporting proofs for. This startup scheme by indian government provides a capital subsidy of 20% in sez 25% in nonsez for units engaged in electronics manufacturing. It is implemented by the union ministry of chemicals and fertilizers. Nutrient based subsidy scheme nbs next ias current.
Cluster development programme for pharma sector cdpps 54 iv. Nutrient based subsidy nbs the debates and discussions in academic, civil society and policy circles on the ill effects of chemical fertilizers particularly on food security has now been acknowledged by the government of india among others. Expenditure and benefits the total expenditure for continuation of both the schemes till 201920 will be rs. Approval to comprehensive new urea policy 2015 nutrient. Nutrient based subsidy nbs 54 department of pharmaceutical dop 1. On the other hand potassium and phosphorous are covered under the scheme and a fixed subsidy as per content of nutrients is given to suppliers and they change maximum retail price as per market signals. Nutrient based subsidy scheme current affairs insight. This scheme is for 22 grades of decontrolled fertilizers namely dap, map, tsp, dap lite, mop, ssp, ammonium sulphate and 15. The cabinet committee on economic affairs ccea approved for continuation of nutrient based subsidy nbs scheme and city compost scheme and city compost scheme beyond 12th five year plan till 201920. The total expenditure for continuation of both schemes till 201920 will be rs. Category archive for nutrient based scheme nbs for p. Will farmers adopt agricultural best management practices. What are nutrient based subsidy and city compost scheme. In her latest communication, the aiadmk chief has flagged concerns of farmers in the state over the introduction of the nutrient based subsidy scheme nbs by.
India reform of subsidy for chemical fertilizer in india, large areas. Read more about no proposal to decrease subsidies on fertilizers and fixing a nutrient based subsidy rate nbs for urea. Fixation of nutrient based subsidy rates for phosphatic. Explore nutrient based subsidy profile at times of india for photos, videos and latest news of nutrient based subsidy. Bringing urea under the nutrient based subsidy scheme would address the issue of distorted soil nutrient ratio.
The approved rates for nbs effective from the date of notification will be as under. In this way, fertilizers companies can make new product mixes with micro nutrients, according to soil requirement in each region. The intensive agriculture model was introduced in india in the 1960s as part of the green revolution. Earlier, the government had plans to decontrol the urea sector by bringing it under the nutrient based subsidy nbs scheme. Assistance to training institutions scheme ati scheme 01 3. The scheme is a significant investment by government in supporting both employers and employees through a subsidy that will be paid in real. It also provides for reimbursements of cvd excise for capital equipment for the nonsez units. This brought in a package which included massive irrigation projects, new high yielding input responsive varieties and chemical fertilizers.
Under the new nutrient based subsidy scheme nbs, subsidies for the period. The government is mulling over fixing a nutrient based subsidy nbs rate for urea in order to promote balanced use of the fertiliser and bring. The cabinet committee on economic affairs gave its approval to fix nutrient based subsidy nbs rates for potassium and phosphatic fertilizers on. Nutrient based subsidy scheme nbs by team next ias april 23, 2020. Govt to consider fixing nutrientbased subsidy rate for. Pdf slides of all the environment videos, 700 slides for free video lectures and study materials on upsc ias preparation, please visit, website. As per approval of cabinet committee on economic affairs ccea, the total expenditure likely to be incurred for continuation of nbs and city compost scheme is rs. A recent reform of the fertilizer pricing policy seeks to remedy this problem. The cabinet committee on economic affairs ccea has approved for continuation of nutrient based subsidy nbs scheme and city compost scheme beyond 12th five year plan till 201920. Latest and breaking news on nutrient based subsidy. What do you understand by nutrient based subsidy nbs. What are the objectives of nutrient based subsidy scheme. Ccea approves continuation of nutrient based subsidy and. The proposal was forwarded by department of fertilizers.
I also had the opportunity to contribute to the chapter on fertilizer policy in indias. The central government has decided to continue nutrient based subsidy nbs and city compost scheme till 201920. Nutrient based subsidy rates fixed for phosphatic and. Providing financial assistance on international cooperation 01 2. How keeping urea outside the ambit of nbs has defeated the purpose of. Govt mulling over fixing nutrientbased subsidy rate for.
Covid19 government support for employers in hong kong. Topic of the day nutrient based subsidy scheme for. Both theoretical and empirical considerations suggest that, for promoting agricultural productivity and ensuring food security, instead of subsidizing fertilizers or other inputs it is much more costeffective to institute a scheme of output subsidy on food grains on the basis of their nutrient values on the one hand and costs of production. Ministry of consumer affairs, food and public distribution scheme launched inon objective one nation one ration card july 2019 the main objective of the scheme is to introduce nationwide portability of ration card holders under national. Key facts the total expenditure for continuation of both schemes till 201920 will be rs. Rationalising fertiliser subsidy in india econstor. The scheme allows the manufacturers, marketers, and importers to fix the mrp of the phosphatic and potassic fertilizers at reasonable levels. Subsidies and policy supports for domestic fertilizer industry in china. List of government schemes in india bankexamstoday.
Secondary and micronutrients are also covered under the scheme. The nbs scheme, was sought to deregulate subsidy on nonurea fertilizers and expected to reduce the subsidy burden substantially. Nutrientbased subsidy ias abhiyan ii ias upsc exam. On the one hand, agricultural input use in ssa is very low by international standards, and the hope is that subsidies may. The centre has cut the subsidy for nonurea fertilizers this year to. Production and import of fertilisers in nutrients visavis total fertiliser. Impact of nutrient based subsidy scheme on subsidies as well as on nutrient use ratio is also attempted. The details of the nutrientbased subsidy scheme are given in section 5. Nutrient based subsidy scheme latest breaking news, pictures, videos, and special reports from the economic times. Nutrient based subsidy scheme blogs, comments and archive news on. Redesigning indias urea policy harvard kennedy school. Nutrient based subsidy scheme nbs facts for upsc in india, urea is the only controlled fertilizer and is sold at a statutory notified uniform sale price. For some of the high capital investment projects like the scheme.
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