OPINION | Modi’s New Year gift to farmers

On New Year’s Day, Prime Minister Narendra Modi announced a special gift for farmers by extending subsidy of DAP (Di-Ammonium Phosphate) fertilizers from January 1 till further orders. Farmers will continue to get a 50 kg DAP bag for Rs 1350, and the extra cost will be borne by the Centre. The government will give Rs 3,850 crore subsidy to companies that manufacture and supply DAP fertilizers.

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