Indian Government Implements Modified Procedure for Faster Release of Fertilizer Subsidy via Fertiliser Monitoring System or DBT System. Indian Government Spearheads Efforts to Expedite Fertilizer Subsidy Release, Bolstering Efficiency and Accelerating Disbursement Within a Week!
The DBT System entails 100% payment of subsidy to fertiliser manufacturer and importing companies basis of actual sales. Govt will keep month wise budget provision to clear fertiliser subsidy bill within a week.
This landmark initiative not only accelerates fertilizer subsidy release but also empowers fertilizer companies to wield their working capital with precision, fostering agility and prosperity in the agricultural landscape.
Efficiency in releasing fertilizer subsidies is crucial for fertiliser companies, farmers and the agricultural sector as a whole. The government’s visionary strides towards fostering a conducive environment for doing business and nurturing self-reliance within the fertilizer and agriculture sectors stand as a beacon of innovation and opportunity, propelling the nation towards sustainable prosperity.