DAP

Increase in the Subsidies for DAP

Union Cabinet took a major decision in Agriculture Sector to increase the subsidy Rs700 per bag For DAP Fertilizer, which is the second most well-known after urea among Indian Farmers. The main purpose behind this decision is to protect the farmers from its increasing prices which is the effect of the surge in prices of Raw materials Globally. It will lead to the burden of Rs14,775 crore to the Exchequer. The main target is Farmers Welfare.