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The Economic Times
The Economic Times

Fertiliser Ministry seeks to double subsidy from Rs 1.71 lakh crore budgeted for FY27 as Iran war hits costs

New Delhi: The fertiliser ministry has sought to double the fertiliser subsidy for the current fiscal from Rs 1.71 lakh crore, as the West Asia conflict has led to a sharp increase in the cost of the imported soil nutrient, according to government sources.

Last month, a senior official in the Department of Fertilizers had said that the fertiliser subsidy bill could cross Rs 3 lakh crore in the current fiscal if disruptions resulting from the West Asia crisis prolong.

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