NEW DELHI: Amid a spike in fertiliser subsidy bill, Prime Minister Narendra Modi on Monday, 17th October called for reducing import dependence in edible oil and soil nutrients, as imports of these critical items have gone up, pressuring the country’s exchequer as well as trade balance.
The Government would be spending as much as Rs 2.5 trillion in fertiliser subsidy this fiscal to protect domestic farmers from soaring global prices of the soil nutrients, especially in the wake of the Ukraine war.
