17-June-2026
Economy News
 
Big relief for Centre? Fertiliser subsidy bill may be Rs 90,000 crore lower than feared
17-Jun-2026

The Centre’s fertiliser subsidy may not rise as much as it was earlier feared, with global prices declining after the announcement of the US-Iran peace deal, even as a weaker monsoon may lead to lower fertiliser demand as sowing may get hit. The fertiliser subsidy bill, initially feared to double to Rs 3.4 lakh crore, may eventually be around Rs 2.5 lakh crore this fiscal, as per newer estimates.

News Source:- https://www.businesstoday.in/latest/economy/story/big-relief-for-centre-fertiliser-subsidy-bill-may-be-rs90000-crore-lower-than-feared-537412-2026-06-17