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A farmer spreads fertiliser on a paddy field in Karnal, northern state of Haryana, India | Photo Credit: Reuters An increase in subsidy spending, particularly on fertilisers, has led to the Centre’s fiscal deficit reaching 41.9% of its budgeted target for 2026-27 as of August 2026, compared to 38.1% at this point last year. Data…
As the sowing for rabi season is at its peak, the demand for fertilizers will also increase. The country needs 650 lakh metric tonnes (LMT) of fertilizers every year, almost two LMT per day. However, during the peak of the season, it will go up to four LMT per day. Union Fertilizers Secretary Arun Singhal…
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