From The Indian Express
Owned by Indian Express GroupCabinet approves fertiliser subsidy of Rs 62,370 crore for rabi season
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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