Cabinet approves Nutrient Based Subsidy (NBS) rates for Phosphatic & Potassic (P&K) Fertilisers for the year 2021-22 (from 1st October, 2021 to 31st March, 2022)

Net subsidy of Rs.28,655 crore for Rabi 2021-22

(i)  Total amount of Rollover will be Rs. 28,602 crore.
(ii) Special one-time package for additional subsidy on DAP at the tentative additional cost of Rs. 5,716 crore.

iii) Special one-time package for additional subsidy on three most consumed NPKs gradesviz. NPK 10-26-26, NPK 20-20-0-13 and NPK 12-32-16 at the tentative cost of Rs. 837crore. Total subsidy required will be 35,115 crore.

The CCEA also approved the inclusion of Potash derived from Molasses (0:0:14.5:0) underthe NBSScheme.

Current price of Tata motors ADR is 31.55 dollars

1 ADR consists of 5 shares of Tata motors

So 31.55 $ * 75.5 INR is 2382 Rs.

So for value of 1 share of Tata motors in INR is 2382 divide by 5 is 476.4 Rs.

So Expecting 10% UC GAP UP TOMORROW.. Fwd