Budget '25 allocation to fertiliser subsidy to dip lower than Rs 1.75 lk cr
Thu, Jan 11, 2024 1:24 PM

Budget '25 allocation to fertiliser subsidy to dip lower than Rs 1.75 lk cr

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The Union Budget is likely to look at an allocation lower than Rs 1.75 lakh crore for fertiliser subsidy in 2024-25 owing to a drop in international prices, government push towards schemes for use of bio and organic fertilisers and increased use of nano urea, a government official said. In the current fiscal year (2023-24), the fertiliser subsidy is likely to touch Rs 1.88 lakh crore.

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