Bulletin Updates
Soaring LNG prices likely to drive up India's Rs 1 tn fertiliser subsidy – 15 Mar 2022
Mar 15, 2022
India's heavy reliance on imported Liquified Natural Gas (LNG) as a fertiliser feedstock exposes the nation's balance sheet to ongoing global gas price hikes, increasing the government's fertiliser subsidy bill, a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) said on Monday.
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