Govt revokes decision to cut chemical fertiliser subsidies and hike prices

File: A chemical fertiliser store
File: A chemical fertiliser store

Kathmandu, March 20

The government has withdrawn its decision to cut down subsidies on chemical fertilisers, resulting in a price hike.

A cabinet meeting on Monday morning revoked the decision made by the Ministry of Agriculture and Livestock Development.

The government spokesperson Rekha Sharma says the subsidies will not change unless a detailed study is conducted about the issue. She says the government is planning to make the fertiliser distribution process more well-managed and scientific.

Following the subsidy cut decision, the prices of all kinds of chemical fertilisers had gone up. A kilogram of urea was made costlier by Rs 11 than its previous price whereas DAP and potash were made more expensive by Rs 7 and Rs 9 per kilogram respectively.

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