Can India's $22 billion fertiliser subsidy keep the Gulf War off your plate?
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The Indian government approved a ₹41,534 crore fertiliser subsidy for the upcoming kharif season last week, a 12% increase from last year. The move comes as the Gulf War has severely disrupted India's fertiliser supply chains, with urea prices jumping 65% in just 40 days.
India is the world's second largest fertiliser importer, and the Strait of Hormuz carries a significant share of both the finished fertilisers and the gas needed to make them domestically. The kharif season, which produces roughly 100 million tonnes of rice, begins in June.
In this episode, host Snigdha Sharma looks at India's fertiliser subsidy policy and what its really doing for farmers during this crisis.
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