ICRA projects fertiliser subsidy outlay at Rs 1.9 lakh crore for FY27
Published on: Dec. 31, 2025, 2:30 p.m. | Source: The Tribune
The Government of India's total fertilizer subsidy outlay is projected to remain substantial at approximately Rs 1.9 lakh crore for FY27, according to the rating agency ICRA. This forecast highlights a major fiscal commitment intended to maintain the affordability and availability of fertilizers for the agricultural sector across the nation.
