Question
Consider the following statements:
Which of the statements given above is/are correct?
- In India, the Nutrient Based Subsidy (NBS) Policy for fertilizers was implemented in 2010.
- The Nutrient Based Subsidy (NBS) Policy for fertilizers is applied only to nitrogen and phosphorus-based fertilizers.
- India is meeting 85% of its urea requirement through indigenous production.
Which of the statements given above is/are correct?
Answer: Option C
Answer: (c)
Nutrient Based Subsidy (NBS) Policy on decontrolled Phosphatic and potassic fertilizer came into effect from 1st April 2010.
It has been decided to fix the subsidy on the nutrients:
‘N’ – Nitrogen,
‘P’ – Phosphorus,
‘K’ – Potash and
‘S’ – Sulphur contents.
India is meeting 85% of the urea fertilizer through indigenous production. However, we are deficient in phosphatic and potassic resources and around 90% is imported.
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Answer: (c)
Nutrient Based Subsidy (NBS) Policy on decontrolled Phosphatic and potassic fertilizer came into effect from 1st April 2010.
It has been decided to fix the subsidy on the nutrients:
‘N’ – Nitrogen,
‘P’ – Phosphorus,
‘K’ – Potash and
‘S’ – Sulphur contents.
India is meeting 85% of the urea fertilizer through indigenous production. However, we are deficient in phosphatic and potassic resources and around 90% is imported.
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