Fertilizer subsidies likely to touch all time high this financial year – 26 Jul 2022

Due to rising fertilizer and natural gas prices in the international market as well as higher expenses for the main feedstock, natural gas, the government may need to modify the budget estimate (BE) for fertilizer subsidies by almost 140 percent to Rs 2.5 trillion for the current fiscal year

This will be the greatest fertilizer subsidy expenditure in history