What is the significance of the Centre's subsidy for summer crop fertilizers
Explain the importance of the ₹24,420 crore subsidy announced by the Centre for summer crop fertilizers.
- Ensures availability: The subsidy helps in ensuring the availability of affordable fertilizers for summer crops, promoting agricultural productivity.
- Cost reduction for farmers: By providing a subsidy of ₹24,420 crore, the government helps in reducing the financial burden on farmers and making fertilizers more accessible.
- Promotes agricultural growth: Subsidizing summer crop fertilizers can lead to increased cultivation and higher yields, thereby promoting overall agricultural growth.
- Supports farmers' income: By making fertilizers affordable, the subsidy contributes to preserving and increasing farmers' income levels.
- Encourages sustainable farming practices: The subsidy supports the adoption of proper fertilization techniques, promoting sustainable and efficient farming practices.
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a year ago