Govt clears Rs 22,000-cr fertiliser subsidy
Submitted by shompa on Thu, 2008-08-21 15:47
The government has decided to release Rs 22,000-crore subsidy in cash to the fertiliser industry this fiscal, apart from the budgetary allocation of Rs 32,000 crore, chemicals and fertiliser minister Ram Vilas Paswan said here today.
"Total fertiliser subsidy is estimated to be Rs 1.19 lakh crore in 2008-09 while we have made available Rs 54,000 crore cash payment to the industry,' Paswan told reporters here.
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21/08/2008