NEW DELHI: A parliamentary panel has recommended to the finance ministry to allocate funds for fertiliser subsidy at the budget estimate (BE) stage to ensure that allocations are as close as possible to actual requirements.The standing committee on fertiliser, in its report submitted in Parliament on Friday, said the practice of parking subsidies in subsequent year’s liabilities also distorts the true picture of govt’s subsidy outgo. Taking note of higher subsidy outgo for imported urea and other soil nutrients, the panel has recommended ramping up domestic production.“The committee observed that the per-bag subsidy burden on imported urea, at approximately Rs 2,100 per 45-kg bag, is substantially higher than the subsidy of approximately Rs 1,397 per bag for domestically produced urea. Israel Iran War’About to surrender’: Trump makes big claim on Iran, says US ‘got rid of a cancer threatening us all’2 Indians killed, 10 injured in Iranian drone attack in Oman, says MEAThe significant difference arises from the volatility of international urea prices, freight and insurance costs, port handling charges, and exchange rate fluctuations,” the report said.Similarly, in the case of phosphatic and potassic fertilisers (NPK), the subsidy outgo for imported varieties is higher than for domestically produced soil nutrients.On Friday, the fertiliser department informed Lok Sabha that the import of urea from Russia increased from 9.2 lakh tonnes in 2024-25 to 14 lakh tonnes till Feb while the import of China spiked from 1 lakh tonnes to 21.2 lakh tonnes. The NPK import from China also increased from less than 1 lakh tonnes in 2024-25 to 9.6 lakh tonnes in the current financial year.Seeking realistic, upfront budgetary allocation for subsidy, the panel noted that in FY24, against the BE (budget estimate) of Rs 1.8 lakh crore, the final allocation was revised upward to nearly Rs 2 lakh crore, and in FY26, the BE of Rs 1.8 lakh crore for fertiliser subsidy was revised to Rs 2.2 lakh crore.End of ArticleFollow Us On Social MediaVideos‘Would Never Recover’: Rajnath Singh Warns Pakistan, Cites BrahMos Strike In Op SindoorPM Modi Invokes Nehru To Accuse Congress Of Spreading Misinformation During US-Iran War CrisisMajor Diplomatic Win For India: Iran Envoy Fathali Signals Safe Passage For Indian Ships At Hormuz2 Indians Killed, 10 Injured In Oman Drone Attack; MEA Shares Latest On Citizens In GulfWhite House Tug-Of-War Over How To Declare Victory; Is Putin The Biggest Winner In Iran War?TMC Bid To Meet President Murmu Gets Snubbed By Rashtrapati Bhavan After Protocol ControversyAs LPG Shortage Panic Spreads, Centre Urges Citizens Not To Hoard Cylinders And Opt For PNGMenstrual Leave Debate Explodes As Supreme Court Warns Of Hiring Bias Against Women’Glad India Taking Initiative’: Cong MP Shashi Tharoor Lauds PM Modi’s Outreach To Iran PresidentEAM Jaishankar Holds Fourth Call With Iran Foreign Minister Amid Rising Strait Of Hormuz Tensions123PhotostoriesWhy Karnataka’s famous Mysuru silk saree could disappear from online stores10 ways to add Moringa to your daily meals in March and why it’s the perfect timeFrom undergoing seven painful IVF procedures to a pregnancy photoshoot before her miscarriage, Sambhavna Seth opens up about her difficult IVF journeyHow to identify sweet coconut water before buying a coconut6 easy kitchen hacks to clean gas burners and reduce LPG wastageQueues, panic and pressure: How Middle East tensions triggered India’s LPG alarmChef Sanjeev Kapoor shares how to recreate the most searched recipes at home5 luxury cars with massaging seats that make long drives relaxingEating too fast may be hurting your digestion and weight: Doctors explain the 20-minute ruleChefs share 5 tips which can make any boring meal super tasty123Hot PicksGold Price PredictionIndian RupeeStock Market TodayGold rate todayIncome Tax CalculatorPublic holidays March 2026Bank Holidays MarchTop TrendingPatrick MahomesBrittany Mahomes Net WorthWilt ChamberlainMovsar EvloevMichael BispingLPG Crisis IndiaMadison Pettis GirlfriendIran US WarIPL 2026 Chennai Super KingsMiddle East War

NEW DELHI: A parliamentary panel has recommended to the finance ministry to allocate funds for fertiliser subsidy at the budget estimate (BE) stage to ensure that allocations are as close as possible to actual requirements.The standing committee on fertiliser, in its report submitted in Parliament on Friday, said the practice of parking subsidies in subsequent year’s liabilities also distorts the true picture of govt’s subsidy outgo. Taking note of higher subsidy outgo for imported urea and other soil nutrients, the panel has recommended ramping up domestic production.“The committee observed that the per-bag subsidy burden on imported urea, at approximately Rs 2,100 per 45-kg bag, is substantially higher than the subsidy of approximately Rs 1,397 per bag for domestically produced urea. Israel Iran War’About to surrender’: Trump makes big claim on Iran, says US ‘got rid of a cancer threatening us all’2 Indians killed, 10 injured in Iranian drone attack in Oman, says MEAThe significant difference arises from the volatility of international urea prices, freight and insurance costs, port handling charges, and exchange rate fluctuations,” the report said.Similarly, in the case of phosphatic and potassic fertilisers (NPK), the subsidy outgo for imported varieties is higher than for domestically produced soil nutrients.On Friday, the fertiliser department informed Lok Sabha that the import of urea from Russia increased from 9.2 lakh tonnes in 2024-25 to 14 lakh tonnes till Feb while the import of China spiked from 1 lakh tonnes to 21.2 lakh tonnes. The NPK import from China also increased from less than 1 lakh tonnes in 2024-25 to 9.6 lakh tonnes in the current financial year.Seeking realistic, upfront budgetary allocation for subsidy, the panel noted that in FY24, against the BE (budget estimate) of Rs 1.8 lakh crore, the final allocation was revised upward to nearly Rs 2 lakh crore, and in FY26, the BE of Rs 1.8 lakh crore for fertiliser subsidy was revised to Rs 2.2 lakh crore.End of ArticleFollow Us On Social MediaVideos‘Would Never Recover’: Rajnath Singh Warns Pakistan, Cites BrahMos Strike In Op SindoorPM Modi Invokes Nehru To Accuse Congress Of Spreading Misinformation During US-Iran War CrisisMajor Diplomatic Win For India: Iran Envoy Fathali Signals Safe Passage For Indian Ships At Hormuz2 Indians Killed, 10 Injured In Oman Drone Attack; MEA Shares Latest On Citizens In GulfWhite House Tug-Of-War Over How To Declare Victory; Is Putin The Biggest Winner In Iran War?TMC Bid To Meet President Murmu Gets Snubbed By Rashtrapati Bhavan After Protocol ControversyAs LPG Shortage Panic Spreads, Centre Urges Citizens Not To Hoard Cylinders And Opt For PNGMenstrual Leave Debate Explodes As Supreme Court Warns Of Hiring Bias Against Women’Glad India Taking Initiative’: Cong MP Shashi Tharoor Lauds PM Modi’s Outreach To Iran PresidentEAM Jaishankar Holds Fourth Call With Iran Foreign Minister Amid Rising Strait Of Hormuz Tensions123PhotostoriesWhy Karnataka’s famous Mysuru silk saree could disappear from online stores10 ways to add Moringa to your daily meals in March and why it’s the perfect timeFrom undergoing seven painful IVF procedures to a pregnancy photoshoot before her miscarriage, Sambhavna Seth opens up about her difficult IVF journeyHow to identify sweet coconut water before buying a coconut6 easy kitchen hacks to clean gas burners and reduce LPG wastageQueues, panic and pressure: How Middle East tensions triggered India’s LPG alarmChef Sanjeev Kapoor shares how to recreate the most searched recipes at home5 luxury cars with massaging seats that make long drives relaxingEating too fast may be hurting your digestion and weight: Doctors explain the 20-minute ruleChefs share 5 tips which can make any boring meal super tasty123Hot PicksGold Price PredictionIndian RupeeStock Market TodayGold rate todayIncome Tax CalculatorPublic holidays March 2026Bank Holidays MarchTop TrendingPatrick MahomesBrittany Mahomes Net WorthWilt ChamberlainMovsar EvloevMichael BispingLPG Crisis IndiaMadison Pettis GirlfriendIran US WarIPL 2026 Chennai Super KingsMiddle East War


Parliamentary panel seeks allocation of realistic fertiliser subsidy fund at budget estimate stage

NEW DELHI: A parliamentary panel has recommended to the finance ministry to allocate funds for fertiliser subsidy at the budget estimate (BE) stage to ensure that allocations are as close as possible to actual requirements.The standing committee on fertiliser, in its report submitted in Parliament on Friday, said the practice of parking subsidies in subsequent year’s liabilities also distorts the true picture of govt’s subsidy outgo. Taking note of higher subsidy outgo for imported urea and other soil nutrients, the panel has recommended ramping up domestic production.“The committee observed that the per-bag subsidy burden on imported urea, at approximately Rs 2,100 per 45-kg bag, is substantially higher than the subsidy of approximately Rs 1,397 per bag for domestically produced urea. The significant difference arises from the volatility of international urea prices, freight and insurance costs, port handling charges, and exchange rate fluctuations,” the report said.Similarly, in the case of phosphatic and potassic fertilisers (NPK), the subsidy outgo for imported varieties is higher than for domestically produced soil nutrients.On Friday, the fertiliser department informed Lok Sabha that the import of urea from Russia increased from 9.2 lakh tonnes in 2024-25 to 14 lakh tonnes till Feb while the import of China spiked from 1 lakh tonnes to 21.2 lakh tonnes. The NPK import from China also increased from less than 1 lakh tonnes in 2024-25 to 9.6 lakh tonnes in the current financial year.Seeking realistic, upfront budgetary allocation for subsidy, the panel noted that in FY24, against the BE (budget estimate) of Rs 1.8 lakh crore, the final allocation was revised upward to nearly Rs 2 lakh crore, and in FY26, the BE of Rs 1.8 lakh crore for fertiliser subsidy was revised to Rs 2.2 lakh crore.



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