CURRENT AFFAIRS

2018

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who approves continuation of Nutrient Based Subsidy and City Compost Scheme?
A
CCEA
B
ISRO
C
DRDO
D
CIPET
Explanation: 

Detailed explanation-1: -It is being implemented from April 2010 by the Department of Fertilizers, Ministry of Chemicals & Fertilizers.

Detailed explanation-2: -The Nutrient Based Subsidy Scheme provides subsidies for all non-urea-based fertilizers. The NBS scheme was created to encourage soil-balanced fertilization to increase agricultural productivity leading to improved farm returns.

Detailed explanation-3: -Government is making available fertilizers, namely Urea and 25 grades for P&K fertilizers to farmers at subsidized prices through fertilizer manufacturers/importers. The subsidy on P&K fertilizers is being governed by NBS Scheme w.e.f. 01.04.

Detailed explanation-4: -The Subsidy approved by Cabinet for the NBS Rabi-2022 (from 01st October 2022 to 31st March 2023) will be Rs. 51,875 crore including support for indigenous fertilizer (SSP) through freight subsidy.

There is 1 question to complete.