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FERTILISER SUBSIDY BILL
Natural gas imports rise despite price surgeIndia's natural gas imports are increasing despite higher prices this fiscal year. Demand is boosted by subsidized fertilizer and growing C...- Government links fertiliser sales to farmer, land and crop dataThe government is expanding its fertilizer management system to link sales with farmer data. This platform covers millions of buyers and si...
- S&P affirms India ratings at 'BBB/A-2' with 'stable' outlookS&P affirmed India's sovereign ratings at BBB/A-2 with a stable outlook. Strong economic fundamentals will help India withstand near-term p...
- Ambani's Rs 2.7 lakh cr underground bet can save India from shocksReliance Industries has proposed a Rs 2.73 lakh crore, 30-year investment to develop an underground coal gasification complex in Andhra Pra...
- War-driven windfall gains for chemical makers likely to fade in Q2, demand remains key risk: Kotak Institutional EquitiesProfit gains made by several Indian chemical companies in the first quarter due to higher prices are likely to weaken in the second quarter...
- Fiscally fit: The counterintuitive move that helped India tame inflationIndia's inflation between 2010 and 2016 offers a lesson in fiscal discipline. Persistent deficits eroded confidence, leading to high inflat...
- Himadri Speciality Chemicals sets Rs 3,000 cr revenue target for its arm Birla TyresHimadri Speciality Chemicals plans to grow Birla Tyres to Rs 3,000 crore revenue. The company will focus on premium products and expanding ...
- Fertiliser giants bet big on specialty productsSpecialty fertilisers, widely used in horticulture, are gaining popularity as farmers seek better yields and more efficient use of nutrient...
- India’s cheap-urea model faces an expensive reckoningIndia faces rising fertilizer costs, prompting a review of its subsidy system. Global supply chain issues and war have doubled procurement ...
- Urea import costs ease as India's fertiliser subsidy bill pressure set to easeIndia's new urea tender is expected to secure the nutrient at lower prices. Rashtriya Chemicals and Fertilizers received bids significantly...
- Green energy federation asks govt to extend CBG blending rule to industrial consumersThe Indian Federation of Green Energy wants to expand compressed biogas blending obligations. This move aims to include large industrial ga...
- GOBARdhan Scheme can help reduce gas imports by $5 billion, says IBAThe GOBARdhan Scheme is expected to significantly reduce India's gas import bill. This initiative aims to convert organic waste into clean ...
- Unfazed by West Asia crisis, fiscal deficit within range at 18.2% in Q1The Centre's fiscal deficit reached 18.2% of the full-year target in the first quarter. Higher spending was offset by stronger net tax coll...
- Major respite for India on fertiliser front as urea prices finally fallGlobal urea prices declined last month, easing pressure on India's fertiliser subsidy bill. However, prices remain significantly higher tha...
- LPG subsidy bill may top Rs 1 lakh crore in FY27, create Rs 70,000 cr gap over Budget allocationIndia's LPG subsidy bill may surpass Rs 1 lakh crore in fiscal year 2027. This projection indicates a significant shortfall against the bud...
- Weak monsoon may lift soluble fertiliser demand; price remains bigger risk: SFAISoluble fertilizer prices have surged sixty to one hundred percent over the past year. This sharp increase poses a significant risk to farm...
- Fall in global crude prices brightens fiscal outlook, El Nino risks lingerEasing West Asian tensions have significantly improved India's fiscal outlook, with economists now predicting a smaller deficit than previo...
- Fertiliser Ministry seeks to double subsidy from Rs 1.71 lakh crore budgeted for FY27 as Iran war hits costsWith rising prices of imported soil nutrients stemming from ongoing conflicts in West Asia, the fertiliser ministry is pushing for a substa...
- Fertiliser subsidy may come down by Rs 10,000 crore in FY17: CrisilThe government last week reduced the subsidy on phosphatic and potassic (P&K) fertilisers to an estimated Rs 21,274 crore for the next fisc...
- Urea consumption rise to push subsidy burdenThe FY12 budget had estimated fertiliser subsidy at Rs 40,000 crore, which in reality is likely to top Rs 90,000 crore by the yearend.
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