Farmers Get a New Year Gift in First Cabinet Meeting: Higher Subsidy on DAP Fertilizer

New Delhi (The Uttam Hindu): In the first Cabinet meeting of the new year, the Modi government has announced a significant move to benefit farmers. Several key proposals aimed at improving the welfare of farmers were approved, potentially offering them substantial advantages.

The government has decided to increase the subsidy on DAP (Diammonium Phosphate) fertilizer. As part of this decision, a special package has been approved for companies producing DAP. This will allow farmers to receive a higher subsidy when purchasing DAP fertilizer which will ease the burden of fertilizer costs.

In addition to the increased subsidy, the government will also provide financial assistance to DAP-producing companies. This initiative will help farmers avoid the high costs of fertilizers and reduce agricultural expenses. Experts believe that this step will lead to increased production in the agricultural sector and improve farmers' incomes. This policy by the Modi government is seen as an important step toward improving the living standards of farmers and strengthening the agricultural sector. Farmers have welcomed this decision, calling it a major gift for them.