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Govt absorbing up to Rs 2,700 per urea bag as global costs rise to Rs 3,000: Nirmala Sitharaman

Summary by Times of India
Union Finance Minister Nirmala Sitharaman stated that the Centre absorbs a significant urea subsidy for farmers. This subsidy currently stands at approximately Rs 2,700 for each bag of urea. Sitharaman emphasised the government's commitment to providing essential farm inputs despite rising global prices. Additionally, her remarks highlighted ongoing efforts to support agricultural investment in Andhra Pradesh. These initiatives aim to ensure tha…

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Finance Minister Nirmala Sitharaman said that the government is giving a subsidy of Rs 2700 per bag of urea and is providing one bag of urea to the farmers for just Rs 300.

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Times of India broke the news in India on Friday, October 2, 2026.
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