12-June-2026
Economy News
 
Govt may reassess fertiliser subsidy spike as urea prices soften
12-Jun-2026

The government may reassess the fertiliser subsidy budget for the current fiscal year following a softening of urea prices in the latest tender floated for soil nutrient imports, Aparna S Sharma, Additional Secretary, Department of Fertilisers, said on Thursday. “Whatever is indicated (the lower price bid in the urea tender) is based on preliminary estimates. “Presuming that trends remain the same, there is a definite case to reassess the fertiliser subsidy depending on the confirmation of the quantities to be imported,” Sharma said.

News Source:- https://www.financialexpress.com/policy/economy/govt-may-reassess-fertilisernbspsubsidy-spike-as-urea-prices-soften/4264826/?ref=economy_hp