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Cabinet May Consider Raising Fertiliser Subsidy: Report

The price of crop nutrients in global markets has increased sharply.
The price of crop nutrients in global markets has increased sharply.

Cabinet is likely to consider raising the country's fertiliser subsidy at a meeting on Wednesday, government sources said on Tuesday.

India needs to raise the subsidy because of a sharp increase in the price of crop nutrients in global markets and rising energy costs, said the sources, who declined to be named because they are not authorised to speak to the media.