New Delhi, June 9 -- The department of fertilizers has sought a 100% increase in fertilizer subsidy to Rs.3.5 trillion for FY27 from the finance ministry to offset mounting losses of manufacturers due to subsidized sales even their costs soar due to the West Asia war-induced disruptions, according to two people aware of the development.

India, world's second-largest fertilizer consumer and the largest importer of diammonium phosphate (DAP) and urea, aims to keep retail prices of key farm nutrients, particularly urea, stable for farmers amid the global surge in prices of key inputs, including crude oil that has witnessed a surge.

The government had budgeted Rs.1.77 trillion of fertilizer subsidy for the current fiscal year, but the math ...