Russia invaded Ukraine on 24 February, 2022. Its impact is felt in India as the Union Cabinet approved an additional subsidy of Rs 40,000 crore for the upcoming kharif season (AprilSeptember), seeking to shield farmers from any additional burden due to a sharp rise in input costs globally . The substantial increase in subsidy will help compensate Fertiliser companies for selling their products to farmers at lower – than – market prices. It will cover phosphatic, potassium and diammonium phosphate group of crop nutrients. Against the allocation of Rs 21,000 crore for the first half of the year, the government … Continue reading Russia Ukraine War Pushes Indian Govt. To Raise Fertiliser Subsidy Upto 55%