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India's fertiliser subsidy bill may exceed Budget estimate by 28%
short by Sourav Kumar / on Thursday, 12 March, 2026
India's fertiliser subsidy bill for FY27 could exceed the current Budget estimate of ₹1.71 lakh crore by 28% to ₹2.2 lakh crore amid trade disruptions linked to the Middle East war, a government official said. The estimates include ₹1.16-lakh-crore urea subsidy and ₹54,000-crore non-urea fertiliser subsidy. Costs could rise "if the current geopolitical situation continues", the official added.
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