Watch | 'The Economy Seems to Be on the Brink of a Major Crisis – We Must Reduce the Fertiliser Subsidy'

Name: Watch | The Economy Seems to Be on the Brink of a Major Crisis – We Must Reduce the Fertiliser Subsidy - The Wire
Uploaded: 2026-06-01T18:00:16+05:30
Channel: The Wire
Description: Ashok Gulati proposes three reforms which would help reduce the fertiliser subsidy.

Ashok Gulati proposes three reforms which would help reduce the fertiliser subsidy.

Karan Thapar

Ashok Gulati proposes three reforms which would help reduce the fertiliser subsidy.

In an interview to discuss the cumulative impact of the Gulf War on Indian agriculture, Ashok Gulati, Professor of Agriculture at ICRIER and arguably India's foremost authority on the subject, says: “The economy seems to be on the brink of a major crisis".

Gulati is particularly concerned about how the fertiliser subsidy is likely to surge this year. He believes that it could balloon from Rs 1.71 lakh crore to Rs 3 lakh crore. He also points out that the cost at which urea is imported is $935 per tonne but it's sold at $70 per tonne.

Gulati points out that the time has come to end such freebies and he proposes three reforms which would help reduce the fertiliser subsidy.

This article went live on June first, two thousand twenty six, at zero minutes past six in the evening.

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