Minfal proposes Rs 5.5 billion increase in subsidy on fertilisers
The Ministry of Food, Agriculture and Livestock (Minfal) has proposed Rs 22.5 billion subsidy on fertilisers in the coming budget 2008-09 against Rs 17 billion allocated in the budget 2007-08, sources told Business Recorder here on Wednesday. DAP is the only fertiliser that is being subsidised by the government. As in the budget 2007-08, it was decided to provide the subsidy of Rs 17 billion while giving Rs 470 subsidy on each bag of 50 kg of DAP.