Govt may consider agri subsidies via direct benefit transfer: Shivraj Singh

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Govt may consider agri subsidies via direct benefit transfer: Shivraj Singh - Business Standard

Quick Summary:

The government is trying to bring policy-level changes for simplifying agriculture, Union Minister Shivraj Singh Chouhan on Monday said and indicated that providing subsidies on fertiliser, seed and farming equipment through direct benefit transfer could be considered in the future.

In an interaction with farmers, who were invited to witness the Republic Day parade as special guests, at his residence here on Monday, the Agriculture and Rural Development Minister said the government spends up to Rs 2,00,000 crore on fertiliser subsidies.

"The fertiliser subsidy that the government gives costs to the tune of Rs 2,00,000 crore.