{"id":119074,"date":"2018-03-15T19:23:18","date_gmt":"2018-03-15T19:23:18","guid":{"rendered":"http:\/\/punjabpost.in\/welcome\/?p=119074"},"modified":"2018-03-15T19:23:18","modified_gmt":"2018-03-15T19:23:18","slug":"cabinet-approves-continuation-ongoing-urea-subsidy-scheme","status":"publish","type":"post","link":"https:\/\/punjabpost.in\/welcome\/119074","title":{"rendered":"Cabinet approves continuation of ongoing urea subsidy scheme"},"content":{"rendered":"<p style=\"text-align: justify;\">Delhi, Mar. 15 (Punjab Post Bureau) &#8211; The Cabinet Committee on Economic Affairs, chaired by&nbsp; Prime Minister Shri <img loading=\"lazy\" decoding=\"async\" class=\"aligncenter  wp-image-116162\" src=\"https:\/\/punjabpost.in\/welcome\/wp-content\/uploads\/2018\/02\/Modi-.jpg\" alt=\"Modi\" width=\"371\" height=\"267\" srcset=\"https:\/\/punjabpost.in\/welcome\/wp-content\/uploads\/2018\/02\/Modi-.jpg 438w, https:\/\/punjabpost.in\/welcome\/wp-content\/uploads\/2018\/02\/Modi--300x216.jpg 300w\" sizes=\"auto, (max-width: 371px) 100vw, 371px\" \/>modiNarendra Modi has approved the proposal of Department of Fertilizers&nbsp; to continue Urea Subsidy Scheme from 2017 upto 2020 at a total estimated cost of Rs. 1,64,935 crore and implementation of Direct Benefit Transfer (DBT) for disbursement of fertilizer subsidy. The continuation of the urea subsidy scheme will ensure that adequate quantity of urea is made available to the farmers at statutory controlled price.&nbsp; Implementation of DBT in Fertilizer Sector will reduce diversion and plug the leakages.<\/p>\n<p style=\"text-align: justify;\">Department of Fertilizers is in process to roll out DBT in fertilizer sector nationwide. DBT would entail 100 % payment to fertilizer companies on sale of fertilizers to farmers at subsidized rates. Therefore, continuation of Urea Subsidy Scheme will facilitate the smooth implementation of DBT scheme in Fertilizer Sector.<\/p>\n<p style=\"text-align: justify;\">Urea Subsidy is a part of Central Sector Scheme of Department of Fertilizers with effect from 1<sup>st<\/sup>&nbsp;April, 2017 and is wholly financed by the Government of India through Budgetary Support. The continuation of Urea Subsidy Scheme will ensure the timely payment of subsidy to the urea manufacturers resulting in timely availability of urea to farmers. Urea subsidy also includes Imported Urea subsidy which is directed towards import to bridge the gap between assessed demand and indigenous production of urea in the country. It also includes freight subsidy for movement of urea across the country.<\/p>\n<p>Chemical Fertilizers have played an important role in making the country self-reliant in food grain production and provide a very vital input for the growth of Indian agriculture. For sustained agricultural growth and to promote balanced nutrient application, urea is made available to farmers at statutorily controlled price, which at present is Rs. 5360\/- per MT (exclusive of the Central\/State Tax &amp; other charges towards neem coating). The difference between the delivered cost of fertilizers at farm gate and MRP payable by the farmer is given as subsidy to the fertilizer manufacturer\/importer by the Government of India. At present, there are 31 urea manufacturing units, out of which 28 urea units use Natural Gas (using domestic gas\/LNG\/CBM) as feedstock\/ fuel and remaining 3 urea units use Naphtha as feedstock\/fuel.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Delhi, Mar. 15 (Punjab Post Bureau) &#8211; The Cabinet Committee on Economic Affairs, chaired by&nbsp; Prime Minister Shri modiNarendra Modi has approved the proposal of Department of Fertilizers&nbsp; to continue Urea Subsidy Scheme from 2017 upto 2020 at a total estimated cost of Rs. 1,64,935 crore and implementation of Direct Benefit Transfer (DBT) for disbursement &hellip;<\/p>\n","protected":false},"author":1,"featured_media":116162,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"footnotes":""},"categories":[11],"tags":[],"class_list":["post-119074","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-english"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Cabinet approves continuation of ongoing urea subsidy scheme | Punjab Post<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/punjabpost.in\/welcome\/119074\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cabinet approves continuation of ongoing urea subsidy scheme | Punjab Post\" \/>\n<meta property=\"og:description\" content=\"Delhi, Mar. 15 (Punjab Post Bureau) &#8211; The Cabinet Committee on Economic Affairs, chaired by&nbsp; Prime Minister Shri modiNarendra Modi has approved the proposal of Department of Fertilizers&nbsp; to continue Urea Subsidy Scheme from 2017 upto 2020 at a total estimated cost of Rs. 1,64,935 crore and implementation of Direct Benefit Transfer (DBT) for disbursement &hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/punjabpost.in\/welcome\/119074\" \/>\n<meta property=\"og:site_name\" content=\"Punjab Post\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/punjabpost.in\/welcome\/\" \/>\n<meta property=\"article:published_time\" content=\"2018-03-15T19:23:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/punjabpost.in\/welcome\/wp-content\/uploads\/2018\/02\/Modi-.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"438\" \/>\n\t<meta property=\"og:image:height\" content=\"315\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"ppadmin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"ppadmin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/punjabpost.in\/welcome\/119074\",\"url\":\"https:\/\/punjabpost.in\/welcome\/119074\",\"name\":\"Cabinet approves continuation of ongoing urea subsidy scheme | Punjab Post\",\"isPartOf\":{\"@id\":\"https:\/\/punjabpost.in\/welcome\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/punjabpost.in\/welcome\/119074#primaryimage\"},\"image\":{\"@id\":\"https:\/\/punjabpost.in\/welcome\/119074#primaryimage\"},\"thumbnailUrl\":\"https:\/\/punjabpost.in\/welcome\/wp-content\/uploads\/2018\/02\/Modi-.jpg\",\"datePublished\":\"2018-03-15T19:23:18+00:00\",\"author\":{\"@id\":\"https:\/\/punjabpost.in\/welcome\/#\/schema\/person\/e389e50e8970b30f10352199927e8693\"},\"breadcrumb\":{\"@id\":\"https:\/\/punjabpost.in\/welcome\/119074#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/punjabpost.in\/welcome\/119074\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/punjabpost.in\/welcome\/119074#primaryimage\",\"url\":\"https:\/\/punjabpost.in\/welcome\/wp-content\/uploads\/2018\/02\/Modi-.jpg\",\"contentUrl\":\"https:\/\/punjabpost.in\/welcome\/wp-content\/uploads\/2018\/02\/Modi-.jpg\",\"width\":438,\"height\":315},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/punjabpost.in\/welcome\/119074#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/punjabpost.in\/welcome\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Cabinet approves continuation of ongoing urea subsidy scheme\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/punjabpost.in\/welcome\/#website\",\"url\":\"https:\/\/punjabpost.in\/welcome\/\",\"name\":\"Punjab Post\",\"description\":\"Daily Online Newspaper &amp; 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The Cabinet Committee on Economic Affairs, chaired by&nbsp; Prime Minister Shri modiNarendra Modi has approved the proposal of Department of Fertilizers&nbsp; to continue Urea Subsidy Scheme from 2017 upto 2020 at a total estimated cost of Rs. 1,64,935 crore and implementation of Direct Benefit Transfer (DBT) for disbursement &hellip;","og_url":"https:\/\/punjabpost.in\/welcome\/119074","og_site_name":"Punjab Post","article_publisher":"https:\/\/www.facebook.com\/punjabpost.in\/welcome\/","article_published_time":"2018-03-15T19:23:18+00:00","og_image":[{"width":438,"height":315,"url":"https:\/\/punjabpost.in\/welcome\/wp-content\/uploads\/2018\/02\/Modi-.jpg","type":"image\/jpeg"}],"author":"ppadmin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"ppadmin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/punjabpost.in\/welcome\/119074","url":"https:\/\/punjabpost.in\/welcome\/119074","name":"Cabinet approves continuation of ongoing urea subsidy scheme | Punjab Post","isPartOf":{"@id":"https:\/\/punjabpost.in\/welcome\/#website"},"primaryImageOfPage":{"@id":"https:\/\/punjabpost.in\/welcome\/119074#primaryimage"},"image":{"@id":"https:\/\/punjabpost.in\/welcome\/119074#primaryimage"},"thumbnailUrl":"https:\/\/punjabpost.in\/welcome\/wp-content\/uploads\/2018\/02\/Modi-.jpg","datePublished":"2018-03-15T19:23:18+00:00","author":{"@id":"https:\/\/punjabpost.in\/welcome\/#\/schema\/person\/e389e50e8970b30f10352199927e8693"},"breadcrumb":{"@id":"https:\/\/punjabpost.in\/welcome\/119074#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/punjabpost.in\/welcome\/119074"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/punjabpost.in\/welcome\/119074#primaryimage","url":"https:\/\/punjabpost.in\/welcome\/wp-content\/uploads\/2018\/02\/Modi-.jpg","contentUrl":"https:\/\/punjabpost.in\/welcome\/wp-content\/uploads\/2018\/02\/Modi-.jpg","width":438,"height":315},{"@type":"BreadcrumbList","@id":"https:\/\/punjabpost.in\/welcome\/119074#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/punjabpost.in\/welcome\/"},{"@type":"ListItem","position":2,"name":"Cabinet approves continuation of ongoing urea subsidy scheme"}]},{"@type":"WebSite","@id":"https:\/\/punjabpost.in\/welcome\/#website","url":"https:\/\/punjabpost.in\/welcome\/","name":"Punjab Post","description":"Daily Online Newspaper &amp; 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