{"id":10152,"date":"2023-10-26T20:51:53","date_gmt":"2023-10-26T15:21:53","guid":{"rendered":"https:\/\/edunovations.com\/currentaffairs\/?p=10152"},"modified":"2023-10-26T20:52:08","modified_gmt":"2023-10-26T15:22:08","slug":"agricultural-sustainability-learn-about-the-%e2%82%b922303-crore-subsidy-on-key-fertilizers-in-india-promoting-agricultural-sustainability-and-supporting-farmers","status":"publish","type":"post","link":"https:\/\/edunovations.com\/currentaffairs\/agriculture\/agricultural-sustainability-learn-about-the-%e2%82%b922303-crore-subsidy-on-key-fertilizers-in-india-promoting-agricultural-sustainability-and-supporting-farmers\/","title":{"rendered":"Agricultural sustainability: \u20b922,303 Crore Subsidy on Key Fertilizers in India"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/edunovations.com\/currentaffairs\/agriculture\/agricultural-sustainability-learn-about-the-%e2%82%b922303-crore-subsidy-on-key-fertilizers-in-india-promoting-agricultural-sustainability-and-supporting-farmers\/#Centre_Approves_%E2%82%B922303_Crore_Subsidy_on_Key_Fertilizers\" >Centre Approves \u20b922,303 Crore Subsidy on Key Fertilizers<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/edunovations.com\/currentaffairs\/agriculture\/agricultural-sustainability-learn-about-the-%e2%82%b922303-crore-subsidy-on-key-fertilizers-in-india-promoting-agricultural-sustainability-and-supporting-farmers\/#Why_this_News_is_Important\" >Why this News is Important<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/edunovations.com\/currentaffairs\/agriculture\/agricultural-sustainability-learn-about-the-%e2%82%b922303-crore-subsidy-on-key-fertilizers-in-india-promoting-agricultural-sustainability-and-supporting-farmers\/#Historical_Context\" >Historical Context<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/edunovations.com\/currentaffairs\/agriculture\/agricultural-sustainability-learn-about-the-%e2%82%b922303-crore-subsidy-on-key-fertilizers-in-india-promoting-agricultural-sustainability-and-supporting-farmers\/#Key_Takeaways_from_This_News\" >Key Takeaways from This News<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/edunovations.com\/currentaffairs\/agriculture\/agricultural-sustainability-learn-about-the-%e2%82%b922303-crore-subsidy-on-key-fertilizers-in-india-promoting-agricultural-sustainability-and-supporting-farmers\/#Important_FAQs_for_Students_from_this_News\" >Important FAQs for Students from this News<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/edunovations.com\/currentaffairs\/agriculture\/agricultural-sustainability-learn-about-the-%e2%82%b922303-crore-subsidy-on-key-fertilizers-in-india-promoting-agricultural-sustainability-and-supporting-farmers\/#What_is_the_purpose_of_the_subsidy_on_key_fertilizers\" >What is the purpose of the subsidy on key fertilizers?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/edunovations.com\/currentaffairs\/agriculture\/agricultural-sustainability-learn-about-the-%e2%82%b922303-crore-subsidy-on-key-fertilizers-in-india-promoting-agricultural-sustainability-and-supporting-farmers\/#Which_fertilizers_are_covered_by_the_%E2%82%B922303_crore_subsidy\" >Which fertilizers are covered by the \u20b922,303 crore subsidy?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/edunovations.com\/currentaffairs\/agriculture\/agricultural-sustainability-learn-about-the-%e2%82%b922303-crore-subsidy-on-key-fertilizers-in-india-promoting-agricultural-sustainability-and-supporting-farmers\/#How_does_the_subsidy_promote_balanced_fertilizer_use\" >How does the subsidy promote balanced fertilizer use?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/edunovations.com\/currentaffairs\/agriculture\/agricultural-sustainability-learn-about-the-%e2%82%b922303-crore-subsidy-on-key-fertilizers-in-india-promoting-agricultural-sustainability-and-supporting-farmers\/#What_is_the_historical_context_of_fertilizer_subsidies_in_India\" >What is the historical context of fertilizer subsidies in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/edunovations.com\/currentaffairs\/agriculture\/agricultural-sustainability-learn-about-the-%e2%82%b922303-crore-subsidy-on-key-fertilizers-in-india-promoting-agricultural-sustainability-and-supporting-farmers\/#How_does_the_subsidy_support_farmers_income\" >How does the subsidy support farmers&#8217; income?<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/edunovations.com\/currentaffairs\/agriculture\/agricultural-sustainability-learn-about-the-%e2%82%b922303-crore-subsidy-on-key-fertilizers-in-india-promoting-agricultural-sustainability-and-supporting-farmers\/#Some_Important_Current_Affairs_Links\" >Some Important Current Affairs Links<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Centre_Approves_%E2%82%B922303_Crore_Subsidy_on_Key_Fertilizers\"><\/span><strong>Centre Approves \u20b922,303 Crore Subsidy on Key Fertilizers<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The Indian government has taken a significant step to support the agriculture sector by approving a subsidy of \u20b922,303 crore on key fertilizers. This move is of paramount importance as it not only ensures the availability of fertilizers to farmers but also promotes agricultural sustainability and food security. In this article, we&#8217;ll delve into the reasons behind this decision, its historical context, and provide five key takeaways for aspiring civil servants, including those preparing for exams to enter various government positions.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full is-resized\" id=\"Agricultural-sustainability\"><img decoding=\"async\" src=\"https:\/\/edunovations.com\/currentaffairs\/wp-content\/uploads\/2023\/10\/Agricultural-sustainability.jpg\" alt=\"Agricultural sustainability\n\" class=\"wp-image-10153\" width=\"513\" height=\"288\" title=\"Agricultural sustainability\"\/><figcaption class=\"wp-element-caption\">Agricultural sustainability<\/figcaption><\/figure>\n<\/div>\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_this_News_is_Important\"><\/span><strong>Why this News is Important<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p><strong>Ensuring Agricultural Sustainability: <\/strong>The subsidy on fertilizers plays a crucial role in ensuring the sustainability of Indian agriculture. Fertilizers provide essential nutrients to crops, which, in turn, enhances productivity. A lack of access to affordable fertilizers can lead to reduced agricultural output, which affects both farmers&#8217; livelihoods and food security.<\/p>\n\n\n\n<p><strong>Promoting Balanced Fertilizer Use:<\/strong>The subsidy covers a range of key fertilizers, including urea, diammonium phosphate (DAP), and muriate of potash (MOP). This encourages farmers to use a balanced mix of fertilizers, as it provides financial relief for purchasing different types, ultimately leading to better soil health and crop yield.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Historical_Context\"><\/span><strong>Historical Context<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The practice of subsidizing fertilizers in India dates back to the Green Revolution in the 1960s when the country achieved self-sufficiency in food production. To further boost agricultural productivity, the government introduced fertilizer subsidies to make these vital inputs affordable for farmers. Over the years, the types of fertilizers covered and the subsidy rates have evolved, but the core objective remains the same \u2013 to promote agricultural growth and food security.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Takeaways_from_This_News\"><\/span><strong>Key Takeaways from This News<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><thead><tr><th>Serial Number<\/th><th>Key Takeaway<\/th><\/tr><\/thead><tbody><tr><td>1.<\/td><td>\u20b922,303 crore subsidy approved for key fertilizers.<\/td><\/tr><tr><td>2.<\/td><td>Subsidy covers urea, DAP, and MOP among others.<\/td><\/tr><tr><td>3.<\/td><td>This move aims to promote balanced fertilizer use.<\/td><\/tr><tr><td>4.<\/td><td>It supports farmers by reducing input costs.<\/td><\/tr><tr><td>5.<\/td><td>Fertilizer subsidies have a historical context and are essential for agricultural sustainability.<\/td><\/tr><\/tbody><\/table><figcaption class=\"wp-element-caption\">Agricultural sustainability<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Important_FAQs_for_Students_from_this_News\"><\/span>Important FAQs for Students from this News<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_purpose_of_the_subsidy_on_key_fertilizers\"><\/span><strong>What is the purpose of the subsidy on key fertilizers?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The purpose of the subsidy on key fertilizers is to ensure the availability of affordable fertilizers for farmers and promote agricultural sustainability.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Which_fertilizers_are_covered_by_the_%E2%82%B922303_crore_subsidy\"><\/span><strong>Which fertilizers are covered by the \u20b922,303 crore subsidy?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The subsidy covers fertilizers like urea, diammonium phosphate (DAP), and muriate of potash (MOP), among others.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_does_the_subsidy_promote_balanced_fertilizer_use\"><\/span><strong>How does the subsidy promote balanced fertilizer use?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The subsidy encourages farmers to use a balanced mix of fertilizers by providing financial relief for purchasing different types.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_historical_context_of_fertilizer_subsidies_in_India\"><\/span><strong>What is the historical context of fertilizer subsidies in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The practice of subsidizing fertilizers in India dates back to the Green Revolution in the 1960s when the country achieved self-sufficiency in food production. Fertilizer subsidies were introduced to promote agricultural growth and food security.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_does_the_subsidy_support_farmers_income\"><\/span><strong>How does the subsidy support farmers&#8217; income?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The subsidy reduces farmers&#8217; input costs, thereby stabilizing their income and making agriculture a more attractive profession.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Some_Important_Current_Affairs_Links\"><\/span>Some Important Current Affairs Links<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button is-style-outline is-style-outline--1\"><a class=\"wp-block-button__link wp-element-button\" href=\"https:\/\/edunovations.com\/currentaffairs\/category\/national\/\" target=\"_blank\" 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This move is of paramount importance as it not only ensures the availability of fertilizers to farmers but also promotes agricultural sustainability and food&#8230;<\/p>\n","protected":false},"author":6,"featured_media":10154,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[138,10],"tags":[6487,333,6486,6485,241],"class_list":["post-10152","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-agriculture","category-national","tag-agricultural-sustainability","tag-agriculture","tag-fertilizer-subsidy","tag-green-revolution","tag-indian-government"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/10152","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/comments?post=10152"}],"version-history":[{"count":0,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/posts\/10152\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media\/10154"}],"wp:attachment":[{"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/media?parent=10152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/categories?post=10152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edunovations.com\/currentaffairs\/wp-json\/wp\/v2\/tags?post=10152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}