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India fertilizer subsidy bill set to jump 20% as urea imports soar
Economy
Published on 27 April 2026
Urea import costs are climbing fast after the Middle East shock
India’s fertilizer subsidy bill is expected to rise about 20% this financial year as higher prices ripple through supply chains after the Middle East crisis. The country is importing record volumes of urea, but at sharply higher costs. Those increased import expenses are likely to translate into larger subsidies for fertilizer sellers, keeping prices lower for farmers.
- Fertilizer subsidy bill projected to grow 20% this year
- Middle East crisis has pushed urea prices higher
- India is importing record urea volumes at increased cost
- Higher costs may expand subsidies for fertilizer firms
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times