Economics · Subsidies & Agriculture Policy
With reference to the fertilizer subsidy policy in India, consider the following statements: I. Subsidy for phosphatic and potassic fertilizers is linked to nutrient content rather than product price under the NBS scheme. II. Urea continues to be subsidized through a controlled pricing mechanism where the statutory retail price is fixed. Which of the statements given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1I only
- 2II only
- 3Both I and II✓
- 4Neither I nor II
Correct answer
Both I and II
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