March 20: The government has decided not to implement the decision of a thematic committee under the Ministry of Agriculture and Livestock Development to cut subsidy on chemical fertilizers.
A Cabinet meeting held on Monday at the Office of the Prime Minister and Council of Ministers agreed to halt the Ministry's decision to cut the subsidy and keep it unchanged.
As a result, prices of chemical fertilizers remain unchanged. The meeting felt the need for a detailed study on the issue before taking any decision further about the reduction of subsidy, according to Government Spokesperson and Minister for Communications and Information Technology Rekha Sharma.
The government will take measures to further systematizing the subsidy entitled to farmers for the purchase of chemical fertilizers, said government spokesperson Sharma.
Earlier, the Fertilizer Supplies and Distribution Management Committee under the Ministery had decided to cut the subsidy on chemical fertilizers provided to farmers for the purchase of chemical fertilizers. ---RSS