The Cabinet on Friday approved a Rs 37,216 crore subsidy on phosphatic and potassic (P&K) fertilisers for the Kharif (summer-sown) season this year to ensure that soil nutrients are available to farmers at the existing rate. Announcing the decision, I&B minister Ashwini Vaishnaw said that with this, the govt has ensured that retail prices of Di-ammonium phosphate (DAP) remain at the present level.
