Led by urea, fertiliser subsidies to soar 62 pc this fiscal on rising input costs: Report

An unprecedented spike in natural gas prices and other raw materials is set to inflate the fertilisers subsidy bill by a whopping 62 per cent or Rs 50,000 crore to Rs 1,30,000 crore this fiscal over the budgeted Rs 79,530 crore.

from Economy-News-Economic Times https://ift.tt/3y06XXF