08-July-2026
Economy News
 
Fertiliser bill may stay around budget estimate of Rs 1.71 lakh cr – Is rain deficit the real reason?
08-Jul-2026

A sharp correction in imported fertiliser prices after the US-Iran peace deal, coupled with a likely reduction in Kharif crop area due to El Nino and a weak monsoon could help the government keep its fertiliser subsidy expenditure in FY27 close to the Budget Estimate of Rs 1.71 lakh crore, official sources told Financial Express.

News Source:- https://www.financialexpress.com/business/news/quick-price-correction-dispels-subsidy-spike-fears/4285837/?ref=hometop_hp