Q. Consider the following statements regarding the Nutrient-Based Subsidy (NBS) Scheme:
1.It is aimed at subsidizing urea-based fertilizers.
2.Ministry of Chemicals and Fertilizers administers the NBS scheme.
3.It contributes to sustainable agriculture by promoting balanced fertilizer usage and reducing soil degradation.
How many of the statements given above are correct?
Answer: B
Notes:
Explanations –
Statement 1 is incorrect. The Nutrient-Based Subsidy (NBS) Scheme does not cover urea-based fertilizers. It provides subsidies for non-urea fertilizers such as phosphatic and potassic (P&K) fertilizers based on their nutrient content (N, P, K, S) to promote balanced fertilization.
Statements 2 and 3 are correct. The NBS scheme is administered by the Department of Fertilizers under the Ministry of Chemicals and Fertilizers. The NBS scheme aims to promote balanced fertilization, improve soil health, and reduce the negative environmental impact of excessive fertilizer use, thereby contributing to sustainable agriculture.
Source: The Hindu
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