The Economic Survey was tabled in Parliament on Thursday, 31st January 2023.
GK and monthly revision
Economic Survey calls for urea price hike, direct cash transfer to farmers
The Economic Survey proposes a shift from input subsidy to direct cash transfer for farmers to address the long-standing imbalance in fertilizer use that has degraded soil quality and reduced crop yields. This policy change aims to incentivize balanced and sustainable fertilizer usage, which is highly relevant for competitive exams covering India's agricultural and economic policies.
Revision structure
Monthly events and exam calendar context
Static GK and one-liner notes
Quiz and mock-test revision path
Key points
Exam-ready takeaways
The proposed policy shift aims to correct a three-decade-old imbalance in fertilizer use that is degrading soil quality and undermining crop yields.
The direct cash transfer to farmers is intended to provide income support instead of input subsidies for fertilizers.
The current fertilizer subsidy regime has led to excessive and imbalanced use of urea, which has degraded soil quality.
The proposed reforms seek to incentivize balanced and sustainable use of fertilizers by farmers.
How to study
Turn news into exam marks
Revise monthly events by exam family instead of reading random updates.
Pair one-liners with mock tests so mistakes become the next revision list.
Keep state job pages, calendar pages and GK packs connected in one path.