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POS SALES FERTILISERS
Govt cracks down on diversion, black marketing of fertilisersTo safeguard agricultural stability, the government is intensifying efforts to eliminate fertiliser diversion and illicit marketing. Compan...- Economic Survey suggests use of digital system 'Agri Stack' for better targeting of fertiliser subsidyAs per the interim Budget presented in February, the allocation for fertiliser subsidy is Rs 1.64 lakh crore for 2024-25 fiscal as against ...
- Centre in talks with banks to stop fertiliser subsidy fundingThe government is currently in talks with banks regarding the potential discontinuation of financing for fertiliser subsidy receivables. Th...
- No final call taken on direct cash transfer of fertiliser subsidy to farmers: GovernmentHowever, the government has implemented Direct Benefit Transfer (DBT) system in fertiliser sector under which subsidy is released to the fe...
- Fertiliser sales jump 83% to 111.61 lakh tonnes in Apr-June: GovtUrea sales increased by 67 per cent to 64.82 lakh tonnes while the demand for DAP jumped two-folds to 22.46 lakh tonnes during the period u...
- Urea may come under NBS before direct cash transferFixing NBS rate for urea will encourage balanced use of urea and bring in efficiency in the fertiliser industry by infusing competition. Th...
- Fertiliser subsidy arrear at Rs 33,691 crore, may touch Rs 60K cr by March: FAIOut of this, Rs 20,853 crore is under DBT (Direct Benefit Transfer) and balance Rs 12,838 crore is other than DBT. FAI also pointed out tha...
- Govt saves $1.54 bn in first year of fertiliser DBT implementation: MSC studyThe fertiliser DBT has boosted transparency by real-time tracking of the movement, requirement, and availability of stocks.
- Centre launches fertiliser DBT 2.0 initiativesThe Centre Wednesday launched three new technology initiatives to transfer over Rs 70,000-crore fertiliser subsidy directly to farmers' ban...
- Fertiliser Min seeks add'l Rs 23,000 cr to clear Jan-Mar subsidy billTill December, a subsidy payment of Rs 23,283 crore was due towards fertiliser companies and the ministry was left with about Rs 13,056 cro...
- Pan India weekly payment of fertiliser subsidy started since March 2018: Addn Secy, FertiliserUrea projects in the pipeline including those at Sindri, Gorakhpur, Talcher and Namrup are coming up.
- 15.55 million tonnes of fertilisers sold via PoS under DBT scheme in April-JulyAmong fertilisers, sale of locally manufactured urea was 7 million tonnes and imported urea was 1.34 million tonnes during the April-July p...
- Need to improve infrastructure to prevent leakage in fertiliser subsidy: StudyTill the last rabi season, on a pilot basis in 16 districts across 11 states, companies were getting subsidy after farmers purchased fertil...
- Government rolls out DBT for fertiliser subsidy in 7 states/UTsIn the DBT for cooking gas, customers buy gas cylinders at the market price and the government deposits the subsidy into the customer's ban...
- 2 lakh point-of-sale machines installed for roll out of fertiliser DBTThe PoS machines have reached almost all of the two lakh outlets where the DBT for fertiliser will be rolled out, Minister of State for Fer...
- Primary fertiliser sale was lower by nearly 7% in FY 2017: ICRAThe fertiliser sector was favourably impacted by lower raw material prices in FY2017 leading to margin expansion in FY2017.
- Fertiliser shares likely to outperform marketPolicy changes in subsidies, govt’s chances of clearing past dues keep hopes high.
- From June, fertiliser cos to get subsidy after PoS retail saleThe move will help reduce the government's fertiliser subsidy bill by up to 20 per cent through plugging diversion and leakages.
- SBI pumps money in POS devices as cash pipeline dries-upSeeking to reach out to maximum number of people looking to withdraw money, State Bank of India today said it is providing cash through POS...
- Delegation studies Aadhar-linked DBT prog in Andhra Pradesh villagesThe Krishna district has been chosen as a pilot by the Government of India for implementation of Aadhar-linked DBT scheme.
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