Salient features of the Nutrient Based Subsidy (NBS): 21 grades of P&K fertilizers are covered under the NBS Policy

Salient features of the Nutrient Based Subsidy (NBS): 21 grades of P&K fertilizers are covered under the NBS Policy

nbs-policy-for-farmer-paramnews-salient-features

Under the Nutrient Based Subsidy (NBS) scheme, a fixed amount of subsidy decided on annual basis, is provided on each grade of subsidized Phosphatic & Potassic (P&K) fertilizers depending on its Nutrient Content. At present 21 grades of P&K fertilizers are covered under the NBS Policy. The other salient features of the NBS Scheme are annexed.

The Government of India has notified the New Urea Policy (NUP) - 2015 on 25th May, 2015 for existing 25 gas based urea units with the objectives of maximizing indigenous urea production; promoting energy efficiency in urea production; and rationalizing subsidy burden on the government.

Further, an amendment to New Urea Policy-2015 has been issued on 7th April, 2017. Para ‘5’ of NUP-2015 in respect of the production beyond Re-assessed Capacity (RAC) for year 2016-17 has been amended. By said amendment, ceiling imposed on production beyond RAC during the year 2016-17, has been raised so as to enable all urea units to produce additional production which otherwise were not able to do so due to low Import Parity Price to address any future fluctuation in Import Parity Price that would have adverse impact on the production beyond RAC by urea units, Para 8 has been included in amendment to NUP – 2015 which authorizes DoF to take appropriate decision in consultation with Department of Expenditure.

However, at present, there is no proposal under consideration of the Government to review the NBS policy.

The Maximum Retail Price (MRP) of urea is statutorily controlled by the Government and it is Rs. 5360 per MT (exclusive of tax) w.e.f. 01st November, 2012. Further, an extra MRP of 5% (of Rs. 5360/- per MT) is charged by the fertilizer manufacturing entities on Neem Coated Urea. 

However, in order to ensure that prices of P&K fertilizers are fixed by the Companies reasonably, the Department has taken the following steps:

It has been made mandatory for the fertilizer companies to submit along with their subsidy claims, the cost data of their fertilizer products from 2012-13 onwards in prescribed format on six monthly basis to find out reasonableness of MRP fixed by them. The Department has also appointed Cost Accountants/ Firms to scrutinise the said cost data to ensure that the prices fixed by the fertilizer companies are reasonable.

It has also been stipulated in the provisions that in cases, where after scrutiny, unreasonableness of MRP is established or where there is no correlation between the cost of production or acquisition and the MRP printed on the bags, the subsidy would be restricted or denied even if the product is otherwise eligible for subsidy under NBS Scheme. In proven case of abuse of subsidy mechanism, the Department of Fertilizers, on the recommendation of Inter-Ministerial Committee may exclude any grade/grades of fertilizers of a particular company or the fertilizer company itself from the NBS Scheme.

The following steps are being taken by the Government to ensure availability of fertilizers to the farmers: - 

Before the commencement of each cropping season, Department of Agriculture, Cooperation and Farmers Welfare (DAC&FW), in consultation with all the State Governments, assesses the requirement of fertilizers. After assessment of requirement, DAC&FW projects month-wise requirement of fertilizers. 

On the basis of month-wise & state-wise projection given by DAC&FW, Department of Fertilizers allocates sufficient/ adequate quantities of fertilizers to States by issuing monthly supply plan and continuously monitors the availability through following system: 

  • The movement of all major subsidized fertilizers is being monitored throughout the country by an on-line web based monitoring system called integrated Fertilizer Monitoring System (iFMS);
  • The State Governments are regularly advised to coordinate with manufacturers and importers of fertilizers for streamlining the supplies through timely placement of indents for railway rakes through their state institutional agencies like Markfed etc.
  • Regular Weekly Video Conference is conducted jointly by Department of Agriculture & Cooperation and Farmers Welfare (DAC&FW), Department of Fertilizers (DoF), and Ministry of Railways with State Agriculture Officials and corrective actions are taken to dispatch fertilizer as indicated by the State Governments. 
  • The gap between demand (requirement) and production is met through imports. The import for the season is also finalised well in advance to ensure timely availability.
Further, Government has declared fertilizer as an essential commodity under the Essential Commodities Act, 1955(ECA) and notified Fertilizer (Control) Order (FCO), 1985 & Fertilizer (Movement Control) Order, 1973 under the EC Act. State Governments have been adequately empowered to ensure selling of fertilizers at MRP besides stopping black marketing/smuggling of fertilizers. 

COMMENTS

7th CPC$type=list$m=0$cate=0$sn=0$rm=0$c=5

Defence$type=complex$count=4$ico=1

7th CPC$type=list$m=0$cate=0$sn=0$rm=0$c=5

Name

'Aaykar Setu' mobile app,1,5th cpc,4,6th cpc,7,7th CPC,389,7th CPC Arrears,4,7th CPC Arrers,8,7th CPC Hindi News,12,7th CPC News,69,7th Pay Commission,213,Aadhaar,22,ad-hoc bonus,3,ad-hoc staff,1,additional hra,1,admit card,1,advance salary,1,AGEY,1,aicpin,9,aigdsu news,4,AIIMS,2,ailtc railways,6,aipr,3,Air Force,13,Air India,4,air india ltc 80 fare,3,Air Travel,6,Aircel,1,airf,14,Airlines,1,Airtel,4,alcohol policy,1,all india,5,Allowances,124,Amazon Ofers,1,Andhra Pradesh,1,anomaly committee,1,aoc,1,app download,1,Apple iPhone,3,Assam,4,Assistant Jobs,1,Bank,27,bank da,2,bank holidays,1,Bank Policies,19,banknotes,1,Bihar,9,Bihar 7th CPC,3,Bollywood,4,bonous,1,bonus,4,breakdown allowance,2,Breaking News,139,BRICS,1,Bsnl,10,budget,4,Business,84,ca exam pattern,1,Cabinet News,41,cadre restructuring,1,cadre review,11,CAG Report,3,CAPO News,4,Career,56,casual labour,1,casual leave,1,cat Judgement,2,cat order,3,CBDT,12,CBEC,4,CBSE,6,ccs master circular,1,ccs pension rules,2,ccs rules,3,cda rules,2,cgda,16,cgegis table,5,CGHS,84,cghs agartala,1,cghs ahmedabad,1,cghs allahabad,1,cghs bengaluru,2,cghs bhopal,1,cghs bhubaneswar,1,cghs chandigarh,1,Cghs Chennai,1,cghs dehradun,1,cghs delhi,3,cghs guwahati,1,cghs hyderabad,1,cghs indore,1,cghs jabalpur,1,cghs jaipur,1,cghs kanpur,2,cghs karnataka,1,cghs kerala,1,cghs kolkata,1,cghs lucknow,1,cghs meerut,2,cghs mumbai,1,cghs nagpur,1,cghs patna,2,cghs pune,1,cghs ranchi,2,cghs shillong,1,cghs trivandrum,2,cghs uttrakhand,1,chandigarh,1,chhattisgarh,1,child care leave,1,children education allowance,7,China,1,cisf,1,come & play scheme,1,compassionate ground appointment,2,Compensation Policy,3,composite allowance,1,condiment allowance,1,consatant attendance allowance,1,contract labour,7,Conveyance Allowance,3,cpao order,19,cpf,1,cpgrams,3,cpiiw,2,cpse,67,cpse employees,5,cpse guidelines,29,cpse pay revision,2,cpse pension,5,CPSEs Pay,20,Cricket,4,cris,3,CRPF,1,CS(MA) Rules,4,csd,1,csd price list,1,Current Affairs,308,cvc circular,2,d el ed,1,daily officiating allowance,3,dearness allowances,47,dearness relief,18,Defence,198,Delhi,2,delhi high court,1,dept of post order,36,deputation,3,deputation allowance,4,desw,2,desw order,5,disability pension,4,Doctor Jobs,11,doe order,23,doppw order,6,DoPT Order,111,dot order,9,Download MedWatch App,1,Download MyMSME App,1,Download MyMSME App Celebrating Yoga,1,Download NEW ITR FORM,2,Download Swachh Bharat App,1,dpe om,33,dress allowance,5,dress code,1,EC,1,echs,19,ecil,1,EDUACTION,75,Education,7,educational qualification,1,Egineer Jobs,1,Election Commission,1,Employment,6,Entertainment,2,EPFO,21,ESIC,4,EVM,1,Ex-Servicemen,6,exam,2,exempt from tax,1,expected da,9,extra work allowance,1,Extraordinary Pension,1,Facebook,8,fact jobs,1,Family Pension,92,FAQ,2,Featured,79,festivals,1,FIFA,1,File ITR,22,Fin Min Orders,61,Finance,8,Fixed Medical Allowance,6,Flipkart,2,Football,3,FREQUENTLY ASKED QUESTIONS ON GST,1,Games,12,Ganes,2,gazette notification,12,gdce instructions,3,gds arrears,9,gds da,11,gds employees news,14,gds pay,15,gds report,17,gfr,1,GOI News,570,Goods and Services Tax,50,Goods and Services Tex,1,Google,10,government of karnataka,1,Govt Jobs,10,govt of assam,2,govt of assam pensioner,1,govt of assam staff,1,govt of chhattisgarh,1,Govt Project,324,Govt Staff News,1095,Govt Yojna,255,gpf interest rate,1,GPF Rules,11,GPRA,4,gratuity,6,group A,1,Group D,1,Gst,60,GST Rates Finder app,1,Hardship Allowance,1,Haryana Govt Employees,2,Haryana Govt order,2,hba rules,8,Health,25,High Court Judgement,2,high court order,2,hill area allowance,1,holiday list,8,Hollywood,2,honorarium,1,hpca,1,hr allowances,1,hra,2,HRA Allowances,40,iba,3,iba dr,1,ibps,2,icsil,1,ida cpse,13,income tax,20,independence day,1,India,3,India Post,12,Indian Airforce,34,Indian Army,52,Indian Navy,47,indian railway,10,IOCL Jobs,1,IRCTC,8,irtsa,2,Island Special Duty Allowance,1,ISRO,1,iti ltd,1,ITR,30,j&k govt employees,3,j&k govt pensioners,1,Japan,1,Jharkhand,3,Jio News,8,jkssb,1,jnv,7,Jobs,54,Jobs News,90,karnataka,1,kerala,4,Kerala Govt Employees,3,Kerala Govt Pensioners,2,Kolkata,1,KVS,39,kvs pension,2,labour Bureau,7,larsgess scheme,3,Latest,988,ldce,3,leave rules,1,lic pay,2,life time arrear,1,Lok Sabha,136,LTC,31,ltc 80 air fare,4,Ltd Company Jobs,2,mAadhaar App,2,macp,31,Make in India,2,Market,1,Maruti Suzuki Dzire,1,maternity leave,6,medical card,1,Medical claims,4,Meghalaya Govt Employees,1,MERIT app,1,mes,1,MGNREGA,2,mha,1,mhfw order,14,mhrd order,1,Microsoft,1,Microsoft News,1,minimum wages,7,mod order,13,mohfw order,1,monetary allowance,3,MP,1,msp,2,mtnl,1,NABARD,1,Namami Gange,5,National,705,ncjcm,19,nda,2,ndmc,1,New Delhi,3,new TRCA matrix,5,nfir,59,NGT,1,night duty allowance,2,northern railway,1,Notification,1,npci,1,nps,19,nursing allowance,2,nursing perssonsel,2,NVS,9,odisha,3,odisha govt pensioner,1,operation theater allowance,1,ordnance factory,1,orop,3,overtime allowance,6,PAN,6,pass rules,3,Passports,1,patna high court judgement,1,pay fixation,14,pcda circular,35,pco allowance,2,pdca circular,6,Pension,178,Pension Adalat,1,Pension Adalat Application Form,2,Pension faq,20,Pension revision,7,Pensioner,152,Pensioner associations,2,Pensioner Portal,12,pfrda,3,pgportal,3,pl bonous,12,PM Modi,27,PMAY,5,PMUY,1,PMVVY,1,Policies,381,Politics,35,post graduate allowance,1,post office,2,prcp in railway,4,President,2,Project Allowance,2,Promotions,18,Promotions policy,18,provisional pension,2,puducherry,1,Railway,328,rajasthan govt employees,2,rajasthan govt pensioners,1,rajbhasha,1,Rajya Sabha,38,Rashtriya Swasthya Bima Yojana,1,ration money allowance,2,RBI,11,Real Madrid,1,Recruitment,6,recruitment rules,9,relhs,1,remote area allowance,1,remuneration,1,RERA Act,1,reservation criteria,10,rest rules,1,Result,5,retirement age,1,revised pay,24,revised pay matrix table,5,revised pension,2,revised vda,7,rilways,1,risk and hardship allowance,5,running staff,2,RUSA,1,s,1,SAARTHI App,1,SBI,10,SBI Rules,6,scholarship,1,Science,17,scova meeting,1,SEVA App,1,Seventh Central Pay Commission,149,SKILL INDIA Mission,1,small saving scheme,2,special allowance,3,Special LC Gate allowance,1,Sports,16,ssc jos,1,status of PPOs,2,storekeeping staff,1,strike,2,study allowance,1,Sukanya Samriddhi Account,2,Supreme Court,22,Supreme Court Judgement,10,Survey,1,syllabus,1,syndicate bank,1,Tarang Sanchar,1,Tax,22,tds deduction,1,teacher jobs,2,Tech,34,Telangana,1,telangana govt employees,1,Telcome,2,Telcome News,8,timely disposal of applications,1,TN Govt Employees,3,TN Govt Pensioners,2,tnusrb recruitment,1,Trade,1,trade unions,1,TRAI,1,training allowance,1,Transfer policy,23,transport allowance,4,Travelling Allowance,21,Trending Now,131,tripura govt employees,1,tripura govt pensioner,1,Trump,1,uan,1,Uber,1,ugc,1,uidai,1,UJALA Scheme,1,UP CM Yogi Adityanath,2,upgradation of pay,2,uppsc,1,UPSC Jobs,2,USA,2,Uttar Pradesh,3,vrs,2,Weather,2,West Bengal,1,Whatsapp,2,Windows 10 OS,1,World,62,World Press Freedom Day,1,You Tube,2,
ltr
item
Param News: Central Government Employee News|Latest DOPT OM: Salient features of the Nutrient Based Subsidy (NBS): 21 grades of P&K fertilizers are covered under the NBS Policy
Salient features of the Nutrient Based Subsidy (NBS): 21 grades of P&K fertilizers are covered under the NBS Policy
Under the Nutrient Based Subsidy (NBS) scheme, a fixed amount of subsidy decided on annual basis, is provided on each grade of subsidized Phosphatic & Potassic (P&K) fertilizers depending on its Nutrient Content. At present 21 grades of P&K fertilizers are covered under the NBS Policy. The other salient features of the NBS Scheme are annexed.
https://2.bp.blogspot.com/-hPBcsBMeBtM/WXGnP0aUa9I/AAAAAAAACX0/QN2KRYL4ch0Ot7OmJpXvP59olPvhVH3KwCLcBGAs/s400/nbs-policy-for-farmer-paramnews-salient-feature.png
https://2.bp.blogspot.com/-hPBcsBMeBtM/WXGnP0aUa9I/AAAAAAAACX0/QN2KRYL4ch0Ot7OmJpXvP59olPvhVH3KwCLcBGAs/s72-c/nbs-policy-for-farmer-paramnews-salient-feature.png
Param News: Central Government Employee News|Latest DOPT OM
http://www.paramnews.com/2017/07/salient-features-of-nutrient-based.html
http://www.paramnews.com/
http://www.paramnews.com/
http://www.paramnews.com/2017/07/salient-features-of-nutrient-based.html
true
2671314941044517342
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS PREMIUM CONTENT IS LOCKED STEP 1: Share. STEP 2: Click the link you shared to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy