FERTILISER TRANSPORT
Govt. Subsidy Suggested (N.Z. Press Association) WELLINGTON, May 28. A recommendation that the Government provide a subsidy of two-thirds of the cost of transport of fertiliser to the farmer was made today to the Agricultural Development Conference. The recommendation was made by a working party of the conference in an interim report. The subsidy was not a subsidy against high production costs, the report said. It was a direct incentive to farmers to encourage them to undertake the additional work and investment necessary to increase production faster than the present rate. The working , party considered that to be really effective the subsidy must be on such a scale that it would have a “relatively dramatic impact” to stimulate an increase in production more rapidly than in the past. It should be for a period of three years.
The cost of the subsidy would be about £2 million or 25s a ton on an output of 1.6 million tons.
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Bibliographic details
Press, Volume CIII, Issue 30453, 29 May 1964, Page 3
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160FERTILISER TRANSPORT Press, Volume CIII, Issue 30453, 29 May 1964, Page 3
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