Skip to main content

Posts

Showing posts with the label Subsidy

PM woos farmers, claims govt gave Rs 76,000-crore fertiliser subsidy

  PM Modi was addressing a public meeting after inaugurating the Rs 8,600-crore Gorakhpur fertiliser factory Prime Minister Narendra Modi on Tuesday reached out to farmers, claiming the Centre had insulated them from the sudden spurt in international fertiliser and urea prices by providing subsidies worth Rs 76,000 crore. Addressing a public meeting after inaugurating the Rs 8,600-crore  Gorakhpur fertiliser factory , Modi said soil nutrients NPK (Nitrogen, Phosphorous, Potassium) and urea accounted for central subsidies worth Rs 43,000 crore and Rs 33,000 crore, respectively this year. “Since our government is pro-farmer, we decided not to pass on the impact of higher prices of fertilisers to farmers. While the global prices are ruling at Rs 60-65 per kg, the prices for our farmers are 10-12 times cheaper,” he said. Sharpening his attack on the Opposition, he equated the red caps worn by  Samajwadi Party  workers with laal batti (red beacons) that suggest a hunger f...