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Tag: Fertilizer Subsidy

Fertilizer Subsidy Sees a Decline to Rs 1.8 Trillion in FY 24: Unraveling the Implications for Agriculture and Economic Landscape

New Delhi: The government’s fertilizer subsidy bill in FY24 is expected to fall 20-24% from the year before to ₹1.7-1.8 trillion because of lower international prices and smaller urea imports, said chemicals and fertilizer minister Mansukh Mandaviya on Wednesday. In FY23, the Centre spent ₹2.25 trillion on fertilizer subsidies, as per revised estimates. The budgeted estimates for […]

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