As of Oct 2023, the Indian government has used nearly 70% of the fertiliser subsidy budget, spending a total of INR 1,22,976 Crore. Out of this amount, about INR 79,660 Crore has been utilized for urea subsidies, which is almost 61% of the urea subsidy budget. INR 43315 Crore has been utilized for P&K subsidies, accounting for around 98% of the total P&K fertiliser subsidy budget.
India’s Expenditure on Fertiliser Subsidies for Oct’23-24
- Post published:26 November 2023
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Tags: Nutrient Based Subsidy (NBS), Kharif 2023, Agricultural growth, Government policy, P&K fertilizers, One Nation One Fertiliser, fertiliser, fertilizer, agriculture, india latest