ANNOUNCEMENT 07 Aug 2019
India has increased the subsidy on sulphur as nutrient for fertilizers from the year 2019-20.
NUMBER OF INTERVENTIONS
Office Memorandum - Department of Fertilizers
On 7 August 2019, the Indian Department of Fertilizers notified an increase in the rates for fertilizer subsidy that will be applicable for the agriculture season until 31 March 2020. The subsidy is announced under the Nutrient Based Subsidy (NBS) scheme of the Indian government. Under the scheme, an amount of subsidy is fixed on each nutrient (N, P, K, S)* and provided on the basis of the combination of these nutrients in the fertilizer.
For the period until 31 March 2020, the subsidy on Sulphur has been increased from INR 2.722 to INR 3.562 per kg. (~ USD 0.038 to USD 0.05). This will increase the net subsidy provided on 11 complex fertilizers that use this nutrient (see Notification for complete list).
The fertilizer subsidy for the year 2020-2021 was announced on 3 April 2020 (see related State Act).
* Nitrogen, Phosphate, Potash, and Sulphur.
** INR to USD as on 20 May 2021 - INR 71.19/USD