2 min read.Updated: 14 Jan 2019, 06:00 PM ISTReuters
A rise in fertiliser prices overseas and a fall in the rupee currency also made imported fertilisers more expensive
New Delhi/Mumbai: India is likely to overshoot its fertiliser subsidy bill for this financial year by ₹ 300 billion ($4.2 billion), three sources with direct knowledge of the matter said, and the government could tap state banks to fund the extra spending.
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