-Livemint.com A revision in nutrient-based subsidy rates is crucial to sustain credit profiles of fertiliser makers, Crisil said New Delhi: The central government’s fertilizer subsidy outgo could touch an all-time high of ₹1.65 trillion in FY23, against the budgeted ₹1.05 trillion, due to an unprecedented rise in the cost of raw materials and prices of fertilizers globally, rating agency Crisil said on Thursday. A revision in nutrient-based subsidy rates is crucial to sustain...

-The Tribune Disruption in supplies due to Ukraine crisis may create food shortage, price distortions The war in Ukraine has become a war on the world’s poor. Russia and Ukraine, together, accounted for a quarter of the world’s wheat exports, one-sixth of global corn exports, nearly a third of barley and three-fourths of the export of sunflower oil. American sanctions on Russia mean it cannot sell its extra wheat in the global...

-The Hindu Business Line Some manufacturers have hiked prices, others await clarity on the situation New Delhi: The fertiliser industry is not hopeful of an increase in subsidies from last year’s level for non-urea crop nutrients despite global prices shooting up sharply. Several companies have increased the maximum retail price (MRP) of fertilisers, while some others are waiting for clarity. The recent farmers’ movement and the farm leaders’ unsuccessful dabbling in electoral politics...

-TheWire.in According to a research note by SBI, for every one dollar of increase in the pooled gas rate, India’s fertiliser subsidy bill shoots up by Rs 4,000-5,000 crore. There is no such thing as a localised conflict in a globalised world. Sooner rather than later, fallouts from the Russia-Ukraine war will overwhelm the operations of developed and developing economies alike, leading up to the largest, and possibly, the worst food crisis...

-Newsclick.in Farmers of the state’s rice bowl have said that the expenses and efficiency of organic farming are not viable for large-scale paddy production. Thiruvananthapuram: The price hike and shortage of chemical fertilisers and reduction in subsidies have galvanised the farmers of Kerala. The Kerala Karshaka Sangham (KSS), the state unit of the All India Kisan Sabha, organised protests at 210 centres across the state on Monday demanding the Narendra Modi government’s...