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Plan panel favours nutrient based subsidy on fertilisers

Planning Commission on Wednesday said it is in favour of nutrient based subsidy (NBS) on fertilisers and there should be a balance between different kinds of crop nutrients to maintain soil health.

Govt plans to reduce subsidy on fertilisers: Pawar

Concerned over the adverse impact of fertilisers on soil and crops, government plans to reduce subsidy on it and divert funds to organic manures, bio- fertilisers, green manures and promotion of organic farming.

Govt mulls hiking urea retail prices by 10% this fiscal

The government is mulling increasing retail price of urea, a key fertiliser, by 10 percent to reduce its subsidy burden in the current fiscal.