One Nation One Fertiliser
On 24th August, 2022, the Centre decided to implement One Nation One Fertiliser by introducing a “Single Brand for Fertilisers and Logo” under the fertiliser subsidy scheme named “Pradhanmantri Bhartiya Janurvarak Pariyojna” (PMBJP).
Rationale
- The maximum retail price of urea is currently fixed by the government, which compensates companies for the higher cost of manufacturing or imports incurred by them.
- But companies cannot avail of subsidy if they sell at MRPs higher than that informally indicated by the government.
- There are some 26 fertilizers (inclusive of urea), on which government bears subsidy and also effectively decides the MRPs.
- Apart from subsidising ....
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