India, June 10 -- India's fertiliser subsidy bill for next year is expected to almost double to around Rs.3.4 lakh crore from roughly Rs.1.7 lakh crore due to increased import and global fertiliser costs. The main reason for the steep hike is global fertiliser price and import costs, which have seen a significant jump due to the West Asia crisis, affecting fertiliser supply and increasing import costs for urea, DAP and other fertilisers.

Why has India become dependent on trading in fertilisers?

India is heavy on fertiliser and raw material import and the fertilizer bill is a huge burden on Indian budgets thus making India heavily dependent on fertiliser and related raw material imports.

Will the retail price of fertilisers increase for...