in this issue
Chemical Week Magazine :: Newsbriefs
Indian fertilizer subsidy may cause price rises
7:54 AM MST | March 8, 2013
India will need to allow fertilizer producers to raise urea prices to farmers, or provide additional funding, following a decision to cut the countryâ€™s fertilizer subsidy in the 2013â€“14 budget, industry sources say. Finance minister P. Chidambaram, in his budget for the fiscal year starting 1 April, announced recently, estimates the fertilizer subsidy at 659.72 billion Indian rupees ($12.1 billion), broadly in line with a revised estimate of Rs659.74 billion for the current year. Indian fertilizer companies say that the announced subsidy is well below what...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee