{"id":11062,"date":"2023-05-18T03:26:14","date_gmt":"2023-05-17T21:56:14","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=11062"},"modified":"2025-03-30T00:19:26","modified_gmt":"2025-03-29T18:49:26","slug":"nutrient-based-subsidy-nbs-scheme","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/nutrient-based-subsidy-nbs-scheme\/","title":{"rendered":"Nutrient Based Subsidy (NBS) Scheme"},"content":{"rendered":"<h2><strong>Why in News?<\/strong><\/h2>\n<ul>\n<li>Nutrient Based Subsidy (NBS) rates has been confirmed for various nutrients i.e. <strong>Nitrogen (N), Phosphorus (P),Potash (K) and Sulphur (S)<\/strong> for Rabi Season 2022-23 and for Kharif Season, 2023 for <strong>Phosphatic and Potassic (P&amp;K) fertilizers<\/strong>.<\/li>\n<\/ul>\n<h3>Nutrient Based Subsidy Scheme:<\/h3>\n<ul>\n<li>The Subsidy on P&amp;K fertilizers is <strong>governed by NBS Scheme<\/strong> under the <strong>Department of Fertilizers <\/strong><strong>since 2010.<\/strong><\/li>\n<li>Subsidy is fixed by <strong>an inter-ministerial committee<\/strong> taking into account the benchmark <strong>international prices of finished fertilisers as well as raw materials.<\/strong><\/li>\n<li>The subsidy is given to <strong>registered to P &amp; K fertiliser manufacturers\/importers<\/strong> which provides these fertilisers at subsidised rates to farmers.<\/li>\n<li><strong>Benefits:<\/strong>\n<ul>\n<li>It helps farmers in ensuring availability of essential nutrients at subsidized prices.<\/li>\n<li>It rationalizes the subsidy on P&amp;K fertilizers, ensuring effective and efficient utilization of government resources.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<hr \/>\n<h3>Q1) What are rabi crops also called?<\/h3>\n<p>Rabi crops or rabi harvest, also known as winter crops, are agricultural crops that are sown in winter and harvested in the spring in India, Pakistan and Bangladesh.<\/p>\n<p><strong>Source:\u00a0<\/strong><a href=\"https:\/\/pib.gov.in\/PressReleasePage.aspx?PRID=1924767\" target=\"_blank\" rel=\"nofollow noopener\"><u>Cabinet Approves revision in Nutrient Based Subsidy (NBS) rates for RABI Season<\/u><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Subsidy on P&#038;K fertilizers is governed by NBS Scheme under the Department of Fertilizers since 2010<\/p>\n","protected":false},"author":5,"featured_media":11063,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-11062","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/11062","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=11062"}],"version-history":[{"count":0,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/11062\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/11063"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=11062"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=11062"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=11062"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}