An ICRIER study shows that Indian soils are increasingly deficient in sulphur, zinc, iron and magnesium, with excessive dependence on a single nutrient—nitrogen.
Centre spent around Rs 1.25 lakh crore on fertiliser subsidies in last financial year. Disruption of ammonia supplies from Russia likely to push bill up to Rs 2 lakh crore this year.
Food subsidy was cut by more than 27% & fertiliser subsidy by nearly 25% from revised estimates for 2021-22, while sectors like fisheries & animal husbandry saw major increases.
India is one of the worst affected by worldwide fertilizer crisis. Crop nutrients' prices soared as tight coal & natural gas supplies forced fertilizer plants in Europe to close.
Di-ammonium phosphate fertilisers are the second most popular in India after urea, and on 19 May, govt decided to increase the subsidy on them by 140%.
The World Cup comes once every four years, but careers aren’t aligned accordingly. One injury, one failed qualification campaign, one bad season, and an entire generation disappears from the biggest stage of football.
The island’s market capitalization climbed to $4.95 trillion as of Monday, driven by chipmaker Taiwan Semiconductor Manufacturing Co. India’s value has dropped to $4.92 trillion.
Operating under the motto ‘Sadaiva Sarvottama’ (Always the Best), the team functions as part of the IAF’s No. 52 Squadron, affectionately nicknamed ‘The Sharks’.
An oil shock, monsoon fears, rampant unemployment, and the seeming inevitability of inflation are common to both eras. Indira Gandhi’s self-destructive responses are instructive today.
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