Govt raises subsidy on DAP fertiliser by 140% to Rs 1,200 per bag

With the increase in subsidy in DAP, Government of India will spend an additional Rs 14,775 crore as subsidy in Kharif season

Government on Wednesday announced "a historic pro-farmer decision" by hiking fertiliser subsidy to Rs 1,200 per bag of DAP.

"PM Narendra Modi chaired a high level meeting on the issue of fertiliser prices. It was discussed that the price of fertilisers is undergoing an increase due to the rising prices of phosphoric acid, ammonia etc internationally. PM stressed that farmers should get fertilisers at old rates despite the international rise in prices. A historic decision was taken to increase the subsidy for DAP fertiliser from Rs 500 per bag to Rs 1,200 per bag, which is an increase of 140%," said