‘Union Cabinet approves schemes worth over Rs 3.70L cr for farmers’

The Union Cabinet has approved a total outlay of Rs 3.70 lakh crore aimed at benefitting farmers through schemes, Union Minister Mansukh Mandaviya said here on Wednesday. Addressing a press conference Union Health Minister said, “Prime Minister Narendra Modi today approved a total outlay of Rs 3.70 lakh crore for farmers; the package has different components that are focused on the well-being and economic betterment of farmers by promoting sustainable agriculture.” “The cabinet has approved the Urea Subsidy Scheme to ensure constant availability of urea to the farmers at the same price of Rs 242/45 kg bag excluding taxes and neam coating charges. Out of the above-approved package, Rs. 3,68,676.7 crore have been committed for urea subsidy for three years (2022-23 to 2024-25),” he said as he highlighted the approval of the Urea Subsidy Scheme, which ensures a consistent supply of urea to farmers at a fixed price.