India plans to increase 2021/22 fertiliser subsidies to a record of more than 1.55 trillion rupees to avoid shortages amid a sharp increase in global prices of the chemicals, sources familiar with.
India plans to increase 2021/22 fertiliser subsidies to a record of more than Rs 15.5 lakh crore to avoid shortages amid a sharp increase in global prices of the chemicals, sources familiar with the matter said. The figure is almost double the amount budgeted for fertiliser subsidies in the budget for this fiscal year ending on March 31. India, the top importer of urea, is a
India plans to increase 2021/22 fertiliser subsidies to a record of more than 1.55 trillion rupees ($20.64 billion) to avoid shortages amid a sharp increase in global prices of the chemicals, sources familiar with the matter said.