Economy #fertiliser#subsidy
Fertiliser Ministry Seeks 100% Increase in FY27 Subsidy Amid West Asia Crisis
The Indian fertiliser ministry has approached the finance ministry seeking a 100% increase in the fertiliser subsidy budget for FY27, from Rs 1.71 lakh crore, as global prices rise due to the West Asia conflict. Domestic production is increasing, but imports remain significant, with urea imports exceeding 100 lakh tonnes last fiscal. The government assures adequate stocks for the kharif season, with over 51% of requirement already available.
Jun 15, 2026 1 source