Fertiliser Subsidy

Best of BS Opinion: Reforming institutions, governance for a changing India

Today's Opinion page examines fertiliser subsidy reform, urban governance failures, market regulation, industrial financing and antibiotic resistance through the lens of institutional accountability

Fertiliser subsidy bill likely to double to ₹3.4 trillion in FY27

Rising global fertiliser prices and support extended to oil retailers are squeezing fiscal space, though the government says its capital expenditure plans remain unchanged

West Asia war: Centre working on extending new investment policy for urea

The move is projected to save the exchequer more than ₹10,500 crore annually in subsidies, based on conservative estimates and assuming an average imported urea price of $345 per tonne

Greater use of biofertilisers can reduce India's chemical fertiliser burden

Balanced nutrient use, biofertilisers, and improved soil health can help India cut fertiliser imports and make agriculture more sustainable without hurting crop production

India's FY27 fertiliser subsidy may top ₹3 trn if West Asia crisis persists

Krishna Kant Pathak, joint secretary in the Department of Fertilisers said that to solve the problem, India should now start looking at solutions

Fertiliser subsidy bill for FY27 may rise by ₹70,000 cr on West Asia crisis

If the actual subsidy numbers come close to the current estimates, this would mean that India's FY27 fertiliser subsidy could be among the highest in recent years

Fertiliser subsidy bill for FY27 may rise by ₹70K cr amid West Asia crisis

The government's fertiliser subsidy bill for 2026-27 may surge by Rs 70,000 crore to Rs 2.41 lakh crore, driven by rising import costs of urea and other fertilisers amid the ongoing West Asia crisis, a senior official said on Monday. Aparna S Sharma, Additional Secretary, Department of Fertilisers, on the sidelines of inter-ministerial briefing on West Asia developments, said, "The subsidy bill will go up, but what percentage is something I cannot say." On whether the increase could be as much as Rs 70,000 crore, she said, "may be." The budgetary allocation for fertiliser subsidies in 2026-27 stands at Rs 1.71 lakh crore. Despite the cost pressures, Sharma said fertiliser availability for the 2026 kharif season remains "comfortable", with stocks exceeding 51 per cent of the total requirement of 390 lakh tonne, the gap being bridged through diversified import sourcing. Current fertiliser stocks stand at 200.9 lakh tonne, she said. Domestic production is running at approximately 80

Fertiliser companies asked to source collectively from global markets

Traders said a beginning in this regards were made last week when IPL issued a tender to import 1.6 million tonnes of DAP and TSP (Triple Super Phosphate) on behalf of the industry

West Asia crisis: India expects FY27 fertiliser subsidy bill to rise 20%

The jump in subsidies is expected as the country plans to import 6.4 million tonnes of urea and 1.9 million tonnes of other fertilisers this kharif season at high prices

West Asia war: Govt expects annual fertiliser subsidy bill to rise by 20%

Rising import costs are likely to increase India's fertiliser subsidies to companies for selling crop nutrients to farmers below market prices

Best of BS Opinion: Govt must build consensus for Constitutional amendments

From the setback to the women's quota Bill and rising fertiliser subsidies to tensions in the Strait of Hormuz, here is a curated selection of Business Standard's top Opinion pieces today

Fixing fertiliser subsidy: Pricing reform, targeted farmer support needed

Rising fertiliser subsidy exposes distortions in urea pricing, fuelling overuse and fiscal strain, highlighting need for direct farmer support and subsidy reform

Fertiliser subsidy beats FY26 Revised Estimates, experts seek policy shift

India's fertiliser subsidy has exceeded FY26 Revised Estimates, prompting experts to call for policy reforms, including rational pricing, curbs on overuse, and bringing urea under the NBS regime

Fertiliser subsidies in FY26 topped RE even before West Asia war

India's fertiliser subsidy breached FY26 estimates before the West Asia crisis, with rising imports and consumption set to push the bill higher

Centre hikes non-urea fertiliser subsidy 10-21% amid West Asia crisis

Government raises non-urea fertiliser subsidy by up to 21 per cent for kharif 2026 to shield farmers from rising global prices and supply disruptions linked to West Asia tensions

Subsidies or science? India's farm future hinges on scaling up R&D

Economist Ashok Gulati of the Indian Council for Research on International Economic Relations (Icrier) said government spending on agriculture R&D is "not even peanuts" by global standards

Use West Asia crisis to push fertiliser reforms in India: ICRIER paper

With over 68.6% of India's fertiliser value chain dependent on imports, geopolitical tensions pose rising risks to supply security, underscoring the need for urgent sector reforms, ICRIER paper said

Iran war: Fiscal pressures on govt may mount next FY, say experts

A prolonged West Asia conflict could strain India's fiscal position through higher fertiliser subsidies, rising import costs and weaker revenue growth

Agriculture Minister renews push for DBT of fertiliser subsidy to farmers

Shivraj Singh Chouhan says it would give them the freedom to choose which fertilisers to buy and in what quantities

Agri Minister Shivraj Chouhan pitches for DBT of fertiliser subsidy

Union Agriculture Minister Shivraj Singh Chouhan on Wednesday pitched for transferring the central government's Rs 1.7 lakh crore annual fertiliser subsidy to farmers' bank accounts through Direct Benefit Transfer (DBT), saying it would give them the freedom to choose which fertilisers to buy and in what quantities. Addressing the Pusa Krishi Vigyan Mela at the Indian Agricultural Research Institute (IARI) campus here, Chouhan said a bag of urea that actually costs Rs 2,400 reaches farmers at just Rs 265-270 because of the subsidy the central government absorbs. "If such a large subsidy is transferred directly to farmers' accounts through DBT, farmers will be able to decide which fertilisers to purchase and in what quantities. This system will ensure that the actual beneficiary of the subsidy is the farmer who applies the fertiliser to the fields," he said. Currently, fertiliser subsidies in India are primarily transferred to companies rather than directly to farmers. Though the ...