Cabinet approves Rs 1.08 trillion subsidy for Kharif crop fertilizer

New Delhi: India's fertilizer subsidy bill for the current financial year is expected to exceed the budgeted amount of Rs 1.75 trillion by Rs 50,000 crore, reaching Rs 2.25 trillion, Chemical and Fertilizers Minister Mansukh Mandaviya said on Wednesday.

Russia increases export quota of fertilizer producers, India to benefit

Russia has increased the export quotas for Russian producers of mineral fertilizer by almost 700,000 tons and that of nitrogen fertilizers was increased by 231000 tons, media reports said.