New Delhi, Oct 14 (TIWN) The Cabinet Committee on Economic Affairs (CCEA) on Thursday announced that the increased prices of Phosphatic and Potassic (P&K) fertilizers approved earlier shall be rolled over for the whole of 2021-22.

The Union Government has decided to increase the subsidy by Rs 438 per bag of DAP as a special one time package so that farmers can get DAP at the same price. 

The increased international prices of raw materials for production of three most consumed NPK grades (10:26:26, 20:20:0:13 and 12:32:16) have been absorbed by the Centre by increasing subsidy by Rs 100 per bag on these NPK grades as a special one time package so that farmers can get these fertilizers at affordable prices. 

The Centre has brought Potash Derived from Molasses (PDM) under Nutrient Based Subsidy (NBS) scheme for the first time since its inception in 2010 to give a push to its manufacturing by Sugar Mills as a byproduct. This Fertilizer is known as PDM-0:0:14.5:0.