West Asia turmoil to swell fertiliser subsidy by up to Rs 25,000 Crore, hit output: Crisil Ratings

India faces a potential Rs 20,000-25,000 crore increase in its fertiliser subsidy bill. Domestic production of fertilisers may also fall by 10-15 percent. These impacts stem from ongoing Middle East conflicts disrupting raw material and fertiliser imports. The government's allocation of gas and existing inventory offer some buffer. However, the industry will need additional subsidy support.

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