Nutrientbased subsidy ias abhiyan ii ias upsc exam. Idea was to fix subsidy as per nutrients in per kg in the fertilizer and leave the determination of price to suppliers. Crisp news summaries and articles on current events about nutrient based subsidy scheme for. These subsidies are heterogeneous in space and time, which may create hot spots or hot moments in biogeochemical transformations, in turn altering the ecosystem effect of the subsidy by changing the form of the nutrients. Impact of nutrient based subsidy scheme on subsidies as well as on nutrient use ratio is also attempted. Ccea approves continuation of nutrient based subsidy and. The data covers the 200809 agricultural season but also contains data from the previous year regarding the subsidy programme based on recall by households. The implementation in malawi of a largescale agricultural input subsidy programme in 20056 and subsequent years has attracted significant international interest. Nutrient based subsidy scheme nbs provisions in india, urea is the only controlled fertilizer and is sold at a statutory notified uniform sale price. Subsidized fertilizers nutrient based subsidy or nbs was introduced in 2010 with objective to promote balanced use of fertilizers and to limit fertilizer subsidy of the government. This scheme is for 22 grades of decontrolled fertilizers namely dap, map, tsp, dap lite, mop, ssp, ammonium sulphate and 15. Urea and other fertilisers should be subsided at par. Msme schemes introduction in india like other developing nations, the business climate is more informal in nature.
Cabinet approves nutrient based subsidy nbs rates for. This is a projectbased subsidy program available to very low and lowincome tenants in agencyfinanced multifamily housing. Also, deregulate in the indian scenario does not mean nosubsidy after 3 years. Background on fertiliser subsidy policy the subsidy to urea was under the provisions of the retention price scheme rps till 2003. India reform of subsidy for chemical fertilizer in india, large areas. Nutrient based subsidy scheme, implemented to control mounting subsidies and to ensur e soil nutrient balance could not achieve its targets so far. More about nutrient based subsidy nbs under it, perarranged amount of subsidy is finalised by government on yearly basis and is delivered on each grade of subsidized phosphatic and potassic fertilizers, except for urea, based on the nutrient. A subsidy or government incentive is a form of financial aid or support extended to an economic sector business, or individual generally with the aim of promoting economic and social policy.
Crisp news summaries and articles on current events about nutrient based subsidy scheme for ibps, banking, upsc, civil services. The government of india launched the nutrient based subsidy scheme that provides a. Implementation of the nutrient based subsidy nbs policy for. Fertilizer policy government of india, department of fertilizers. Nutrientbased standards for school lunches 10 foodbased standards for school food other than lunch 12 exemptions to the school food regulations 14. On the other hand potassium and phosphorous are covered under the scheme and a fixed subsidy as per content of nutrients is given to suppliers and they change maximum retail price as per market signals.
In her latest communication, the aiadmk chief has flagged concerns of farmers in the state over the introduction of the nutrient based subsidy scheme nbs. All farmers are eligible to avail the subsidy under this scheme. The cabinet committee on economic affairs ccea approved for continuation of nutrient based subsidy nbs scheme and city compost scheme and city compost scheme beyond 12th five year plan till 201920. Cabinet approves nutrient based subsidy rates drishti ias. Aug 01, 2019 latest current affairs in april, 2020 about nutrient based subsidy scheme. Nutrient based subsidy nbs 54 department of pharmaceutical dop 1. Use it meticulously and learn on how to succeed upsc exam. The cabinet committee on economic affairs, ccea today gave its approval for fixation of nutrient based subsidy, nbs rates for phosphatic and potassic p and k fertilizers for the year 202021. If targeting could save even one third of the fertilizer subsidy, this would reduce government expenditure by one per cent, finance ministry sources said. Nutrient based subsidy scheme fertilizer policy the government of india launched the nutrient based subsidy scheme that provides a fixed amount of subsidy on fertilizers. An employment subsidy serves as an incentive to businesses to provide more job opportunities to reduce the level of unemployment in the country income subsidies or to encourage research and development.
The notable features of this scheme are as follows. Another form of employment subsidy is the social security benefits. This report provides some of the basic descriptive findings based on the data collected in 2009. The malawi agricultural inputs subsidy programme, 20056 to.
Ccea approves continuation of nutrient based subsidy and city. How keeping urea outside the ambit of nbs has defeated the purpose of promoting balanced fertilizer consumption. Mar 02, 2016 subsidized fertilizers nutrient based subsidy or nbs was introduced in 2010 with objective to promote balanced use of fertilizers and to limit fertilizer subsidy of the government. We at ias abhiyan has redefined the preparation of ias exam much more simpler by providing quality test series, compilations of standardncert books, monthly current affairs specially designed for prelims and mains. The entrepreneurs are not interested to register their businesses, the society is conservative and. Biogeochemical transformation of a nutrient subsidy. Demand to scrap the nutrient based subsidy regime on fertilizers in the country. The new nutrientbased fertiliser subsidy policy provides implicit incentives to farmers to test soil samples regularly and get cropwise recommended doses of nutrients, and offers prospective. Bringing urea under the nutrientbased subsidy scheme would address the issue of distorted soil nutrient ratio. India lacks self sufficiency in the production of fertilizers imports from foreign sources. With an employment subsidy, the government provides assistance with wages.
The malawi agricultural inputs subsidy programme, 20056. A brief profile according to the economic survey 2015 201617, fertilizer subsidy amounted to almost highest subsidy component after payments for food subsidy. Jun 08, 2015 the impact of any government policy depends a lot on how its executed and implemented. The farmer agrees to reimburse the extra earning based on the support scheme if hesheit decides to withdraw from the scheme within the 12 months. Latest current affairs in april, 2020 about nutrient based subsidy scheme. This subvention on phosphatic and potassic fertilizers is governed by nutrient based subsidy scheme. Assistance to training institutions scheme ati scheme 01 3. Fertiliser subsidy bill will rise by about rs 200 crore annually but will not have an impact on retail prices following the governments decision to hike rail freight by 6. The second component is the government subsidy scheme.
Critical fertilisers supplied to farmers at subsidised rates, additional subsidy for fortifying with secondary and micro nutrients. Feb 28, 2019 government releases compliance schedule to ensure msme payments corporate entities have already filed msme form i with the registrar of companies roc by february 22 giving details of all outstanding dues to msme suppliers existing on the date of notification of rules on january 22, 2019. There is also the nursery milk scheme, operated by the department of. Latest and breaking news on nutrient based subsidy. An additional subsidy of 10% will also be provided to made ups units sector enhancing the cap on capital investment subsidy cis to 50 crore under scheme for production and employment link support for garmenting units spelsgu under atufs based on achievement of the projected production and employment. Implementation of the nutrient based subsidy nbs policy. What do you understand by nutrient based subsidy nbs. Cluster development programme for pharma sector cdpps 54 iv. This projectbased subsidy is administered by hud and was used extensively with agencyfinanced housing from the mid1970s to the early 1980s. The impact of any government policy depends a lot on how its executed and implemented. The approved rates for nbs effective from the date of notification will be as under. Government releases compliance schedule to ensure msme.
A recent reform of the fertilizer pricing policy seeks to remedy this problem. Providing financial assistance on international cooperation 01 2. The approved rates for nbs will be 18 rupees 78 paise per kg for nitrogen, 14 rupees 88 paise per kg for phosphorus, 10 rupees 11 paise per kg for potash and 2 rupees 37 paise. Implementation of the nutrient based subsidy nbs policy for phosphatic and potassic p and k fertilizers and revision in the nbs rates for 201718. While much of this has applauded reported growth in maize production and food security in the country, there have also been significant criticisms and questions. Explore nutrient based subsidy profile at times of india for photos, videos and latest news of nutrient based subsidy. Jul 15, 2012 nutrient based subsidy in urea, a must.
Nutrient based subsidy nbs and city compost scheme during the period 201718 to 201920 at a total cost of rs. Indias positioning in the global fertilizer industry. Sep 23, 2012 government of india is implementing nutrient based subsidy nbs policy w. Although commonly extended from government, the term subsidy can relate to any type of support for example from ngos or as implicit subsidies.
Details of the scheme are discussed further in the article. Jul 10, 2014 in her latest communication, the aiadmk chief has flagged concerns of farmers in the state over the introduction of the nutrient based subsidy scheme nbs by the government of india from the 1st. Jan 29, 2018 bringing urea under the nutrient based subsidy scheme would address the issue of distorted soil nutrient ratio. This scheme is for 22 grades of decontrolled fertilizers namely dap, map, tsp, dap lite, mop, ssp, ammonium sulphate and 15 grades of complex fertilizers. Government of india is implementing nutrient based subsidy nbs policy w. Government releases compliance schedule to ensure msme payments corporate entities have already filed msme form i with the registrar of companies roc by february 22 giving details of all outstanding dues to msme suppliers existing on the date of notification of rules on january 22, 2019. Annual migrations of pacific salmon oncorhynchus spp. What governments under different political parties do is more or less similar.
Nutrientbased subsidy ias abhiyan ii ias upsc exam preparation. The finance ministry wants focus only on farmers who are in need of the subsidy. There is aneed todevise mechanism integrate soil health card scheme and subsidy for fertilizers, to enable farmers to procure required nutrient with financial. The following policies regarding subsidy payment to urea units were in place since 2003. Students preparing for the ias exam or any other government exam can learn more about the scheme here. The most noteworthy part of such an exam is to have a learned, experienced and dedicated guide. The new nutrient based fertiliser subsidy policy provides implicit incentives to farmers to test soil samples regularly and get cropwise recommended doses of nutrients, and offers prospective. Gundu sudharani demand for immediate supply of urea to farmers in madhya pradesh.