Current Affairs Telugu Daily

CCEA nod for Urea subsidy scheme till 2020

Cabinet Committee on Economic Affairs approves the continuation of Urea Subsidy scheme till 2020 at a cost of 1 lakh 65 thousand crore rupees.
Cabinet nod also was given for direct benefit transfer for disbursement of fertiliser subsidy.
Urea Subsidy is a part of Central Sector Scheme of Department of Fertilizers with effect from 1st 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 the timely availability of urea to farmers.

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