Bulletin Updates

India boosts fertilizer subsidy – 20 May 2022

May 20, 2022

India plans to double its budgeted 2021-22 fertiliser subsidies to a record of more than 1.55 trillion rupees (US$20.64 billion) for the fiscal year ended March 31, to avoid potential shortages amid a sharp increase in global prices of chemicals, fertiliser and fuels.

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