evidence: Is there a special banking arrangement to clear fertilizer subsidy dues? [...] To clear outstanding subsidy claims of urea & fertilizer manufacturers, governments have followed varied methods. The UPA-1 government issued fertilizer bonds (similar to oil bonds) to clear outstanding subsidy. The current government is following the method of special banking arrangement where in short term loans are raised from PSU banks at similar interest rate as bonds. The current government has resorted to this special banking arrangement in almost every year to clear the outstanding subsidy claims. It made these arrangements for Rs. 14,500 crores in 2014-15, for Rs. 7,000 crores in 2015-16, for Rs. 10,000 crore in 2017-18, for Rs. 7,000 crores in March 2018 for the second half of 2017-18. [...] Fact: To clear outstanding subsidy claims of urea & fertilizer manufacturers, governments have followed varied methods. The UPA-1 government issued fertilizer bonds (similar to oil bonds) to clear outstanding subsidy. The current government has resorted to special banking arrangement in almost every year to clear the outstanding subsidy claims. Hence, the claim is TRUE. However, such arrangements to clear outstanding subsidy claims are not new.