Precision Fertiliser Subsidy: Leveraging Digital Systems for Effective Distribution
The Economic Survey recommends using the 'Agri Stack' digital system for better targeting of fertiliser subsidies to farmers. It suggests piloting this system in select districts and includes proposals like E-RUPI for direct subsidy transfers to ensure efficient and fair distribution.
- Country:
- India
The Economic Survey has called for a more precise allocation of fertiliser subsidies through the 'Agri Stack' digital system. This innovative approach aims to distribute subsidised nutrients only to verified farmers, based on criteria such as land ownership and cropping patterns within specific districts.
The survey also proposed direct subsidy transfers via E-RUPI, a digital payment mechanism, to enhance transparency. The initial plan involves piloting the system in select districts to evaluate its effectiveness.
The interim Budget for 2024-25 allocates Rs 1.64 lakh crore for fertiliser subsidies, highlighting the government's commitment to this sector. The Agri Stack platform aims to improve agricultural outcomes by integrating various stakeholders, enabling data-driven decision-making, and ensuring better resource allocation.
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