From June, fertiliser cos to get subsidy after PoS retail sale
Monday, April 3, 2017, 4:54 PM
Moving a step closer to introduce DBT in fertiliser sector, the government has decided to pay from June-onwards fertilizer-subsidy to manufacturers only after sale of soil nutrients via PoS devices at retail level. The move will help reduce the government's fertilizer-subsidy bill by up to 20% through plugging diversion and leakages. The Centre has provided over Rs 70,000 crore for subsidy-payment for this fiscal.