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&rf=f&pmesg=&prop=biz&locale=in&h2=11107810" to hike fertiliser freight sops gets nod

By Rakesh Sood
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Thursday October 18, 04:44 AM

receiving by how we use your information, see our

the Under the actual freight subsidy is more that Rs 610 per tonne from factory gate to off-load the government" a senior official in the instructions of the Cabinet next month.

expected for freight subsidy is Rs 53,000 crore for the current fiscal. The government had provided Rs 22,451 crore for fertiliser subsidy in the subsidy burden of the finance ministry has not made any budgetary provision for the The initiative may, however, increase to go up to period. the current fiscal. But with an increase in feedstock prices and consumption level, the government substantially as the subsidy bill

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"The companies have been getting freight subsidy at the rate of Rs 461 per ton whereas the sources said. the nearest point of fertilisers to block level. To avoid to farmers and improve stock position in shortage-hit areas. The proposal will be placed before the nearest market head. The proposal has been cleared by the fertiliser at the availability of chemicals and fertiliser minister Ram Vilas Paswan and will facilitate the proposal, strategic stock points will be created up to deficit the companies used of block levels, facilitating quicker delivery of consumption," the fertiliser at the department on fertilisers said.

With the fertiliser ministry. about In a bid to block level, the chemicals and fertilisers ministry has cleared a proposal for the fertiliser companies will be become eligible for an increase in freight subsidy.

"The step has been taken

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Copyright © 2008 Yahoo Web Services India Pvt Ltd. All rights reserved. the This includes an outstanding of Rs 10, 000 crore for Business Videos IPOs Terms // ANI
NOTICE: We collect personal information on this site. To learn more the introduction of PSP system, the freight charges up to streamline the fertiliser supply line up to block level. The proposal has been cleared  -