Government plans $19 billion fertilizer subsidy in Union Budget FY23: Sources

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India is likely to earmark nearly $19 billion in the Union Budget 2022 to compensate fertilizer companies for selling their products to farmers at lower than market prices, according to people with knowledge of the matter. The finance ministry has penciled in Rs 1.4 lakh crore ($18.8 billion) as fertilizer subsidy in the budget due … Read more