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Centre's fertiliser subsidy bill up Rs14,775 crore this Kharif season

Industry > Industry monitor > Fertilisers
Centre s fertiliser subsidy bill up Rs14,775 crore this Kharif season
24 May 2021
The centre will provide additional fertiliser subsidy totaling Rs14,775 crore in the Kharif season 21, which include Rs9,125 crore subsidy for DAP and Rs5,650 crore subsidy for NPK based complex fertiliser. The additional subsidy of Rs14,775 crore has taken the government’s Kharif season 21 subsidy bill to Rs42,275 crore from Rs27,500 crore in the previous Kharif season.
The subsidy on P&K fertilisers, including DAP, has been increased more than 100 per cent till Kharif season 21. Subsidy of DAP fertiliser has been increased from Rs500 per bag to Rs1,200 per bag, which is an increase of around 140 per cent. Thus, despite the rise in international market prices of DAP, it has been decided to continue selling it at the older price of Rs1,200 per bag and the central government has decided to bear all the burden of price hike on this account. ....

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Milam County cities receive collective $27 million in grants

The Texas Land Commission has granted millions in infrastructure project money to Milam County cities, so they can make improvements to roads in order to prepare for future natural disasters. ....

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Electric 2-wheelers to account for 8-10% of new sales by 2025; 3-wheelers to contribute 30%: ICRA

Electric two-wheeler (2W) and three-wheeler (3W) segments have relatively lower dependency on commercial charging infrastructure, owing to limited span of commute and can also adopt battery swapping to allay charging related concern for commercial applications. ....

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Sustainable Energy Fund for Africa extends grant to speed countries' energy transition ahead of COP26

Download logo The Sustainable Energy Fund for Africa (SEFA) has extended a $1 million grant to help accelerate African countries’ transition to flexible green ....

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Omidyar Network India grants ₹26 crore to collaborative efforts focussed on Covid relief

Omidyar Network India grants ₹26 crore to collaborative efforts focussed on Covid relief
May 25, 2021
Hopes to help address urgent and critical issues facing those most vulnerable
Omidyar Network India on Tuesday announced that it has granted ₹13 crore ($1.75 million) each to Give Foundation, India’s trusted online donation platform and United Way Bengaluru, a leading collaborative non-profit platform.
The funds will be used by Give Foundation to help strengthen the capacity of institutions, healthcare staff, volunteers, caregivers to enable a more effective response. This may include development of protocols/ standards etc. Give Foundation will focus on rural areas that have been severely underserved and encourage retail donors to contribute to the Covid relief effort by matching their funding. ....

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