Cabinet Approves Rs 3,850 Crore Fertilizer Boost: A Lifeline for Agriculture
The Union Cabinet, under Union Minister Ashwini Vaishnaw, has approved a one-time special financial package of up to Rs 3,850 crore to support DAP fertilizer production. This is aimed at strengthening the agricultural sector by enhancing availability and affordability of essential fertilizers for farmers.
- Country:
- India
The Union Cabinet, spearheaded by Union Minister Ashwini Vaishnaw, has greenlit a one-time special package amounting to Rs 3,850 crore for DAP fertilizers. This significant move is part of the government's broader objective to bolster the agricultural sector.
The approved package aims to ensure an adequate supply of DAP fertilizers, a critical input in farming, to farmers across the nation. This support is expected to enhance agricultural productivity by making fertilizers more accessible and affordable for farmers.
This initiative represents a strategic effort by the government to stabilize and improve the agricultural economy, addressing immediate needs while supporting long-term sustainability in the sector.
(With inputs from agencies.)
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