The Indian government has allocated nearly ₹37,000 crore in fertiliser subsidies. This substantial expenditure underscores the country’s commitment to supporting its agricultural sector and ensuring affordable access to essential inputs for farmers. The subsidy aims to mitigate the rising costs of fertiliser, which can significantly impact crop production and farmers’ livelihoods.
Source:- news 18
The government’s intervention is critical in maintaining the stability of the agricultural economy and promoting food security. By subsidizing fertilisers, the administration seeks to alleviate financial pressure on farmers, allowing them to invest in other areas of their farming operations. This approach is designed to boost productivity and sustainability within the sector, addressing both immediate and long-term agricultural needs.
Source:- BBC news
The continued focus on fertiliser subsidies reflects the government’s recognition of the vital role that agriculture plays in India’s economy and the importance of supporting those who drive this sector. As global and domestic challenges evolve, such financial measures are integral to sustaining agricultural growth and ensuring that farmers can effectively contribute to the nation’s food supply.
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