Consider the following 1 Main aim of Nutrient Based Subsidy is to balance ferti...........

Geography Agriculture

Consider the following:

1. Main aim of Nutrient Based Subsidy is to balance fertilization and consequently increase agriculture productivity in the country through higher usage of secondary and micro nutrients.

2. Under the Nutrient Based Subsidy (NBS) regime the retail prices of subsidized fertilizers at farm level will be decided by the Government

Select the correct answer:

Only 1

Only 2

Both 1 and 2

Neither is correct

छोटे Courses बड़े Results

Master Agriculture

Prepare through Micro-courses

Try Now

Explanation:

under nbs policy companies are allowed to fix the mrp on their own. The intention behind introduction of nbs was to increase competition among the fertilizer companies to facilitate availability of diversified products in the market at reasonable prices. Our country is fully dependent on imports in potassic sector and to the extent of 90% in phosphatic sector in the form of either finished products or its raw material. Subsidy being fixed, any fluctuation in international prices has effect on the domestic prices of p&k fertilizers.