From The Tribune
Owned by The Tribune TrustGlobal prices bite, govt hikes rabi fertiliser subsidy by 64%
What's behind this
The Union Cabinet, chaired by Prime Minister Narendra Modi, approved a Rs 62,370 crore subsidy for phosphatic and potassic (P&K) fertilisers for the 2026‑27 rabi season. The subsidy represents a 50 percent increase over the just‑ended kharif season and about a 64 percent rise from the previous year, according to the government’s aim to protect farmers from rising global fertiliser prices and keep crop nutrients affordable.
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RSS excerpt
The government on Wednesday approved a subsidy of Rs 62,370 crore for phosphatic and potassic (P&K) fertilisers for the 2026-27 rabi season, a 64 per cent increase from a year earlier, as it seeks to shield farmers from rising global fertiliser prices. The estimated outlay is Rs 24,418 crore higher…