GOI planning to provide subsidy to farmers of fertiliser directly


In pursuit of its objective to provide a direct cash subsidy to farmers for fertilisers, the government is mulling the feasibility of transferring the subsidy in cash to about 2.3 lakh retailers, instead of the fertiliser makers, as a preliminary step.
A task force headed by Nandan Nilekani is working on a model for the proposed direct cash subsidy system for fertilisers, food and fuel, which the government wants to implement from March, 2012.

To transfer the fertiliser subsidy in cash, the task force has proposed in the first stage to set up a software to track the sale of fertiliser till the retail level. The second stage would involve payment of a subsidy to retailers and the third stage would cover farmers with Unique Identification (UID) cards.



profile image

About eMinds Legal

eMinds Legal

eMinds Legal is a Corporate Law Firm based in Gurgaon, India specializing in Corporate Legal, Corporate Secretarial and Compliance. The Firm comprises of a team of Corporate Lawyers and Company Secretaries with in-depth subject matter knowledge and participative industry experience of over 15 years.

India’s Leading Compliance Software

India’s Leading Compliance Software

Get A Demo Today !

Corporate Law Referencer

Corporate Law Referencer

Corporate Law Referencer

Recent Articles

Recent Legal updates

Recent Gst Updates