alexa
 
Home News From June, fertiliser cos to get subsidy after PoS retail sale

Read more interesting news from around the globe with Wealth Doctor App

Google Play
 
From June, fertiliser cos to get subsidy after PoS retail sale

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.
Read More

Learn to Save, Spend, Invest & Borrow Wisely with our Youtube Channel

Get It now!