Remodelling India`s fertiliser subsidy
india's fertilizer subsidy for 2007-08 is worth Rs 22,532 crore, which is estimated to be less than half of the requirement. So should the fertilizer subsidy be doubled? Or is it time to think through the model of fertilizer subsidy, as the union government is finally doing (see News: Govt debates remodelling fertiliser subsidy)? Any decision will have a direct bearing on the fate of India's farmers as well as the country's food security.
For such an important aspect of the country's economy, fertilizer has never got its due in government budgets. All discussions on fertilizers have been limited to how the subsidy is to be administered