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India's fertilizer subsidy bill is projected to increase 20% due to soaring global prices and record urea imports.
India faces a projected 20% increase in its fertiliser subsidy bill due to soaring global prices driven by the West Asia crisis.
As the world's largest urea importer, the country has placed record orders at nearly double previous rates, raising concerns about future costs despite maintaining sufficient domestic stock levels for the kharif season.
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Se proyecta que la factura de subsidio de fertilizantes de la India aumentará un 20% debido al aumento de los precios globales y a las importaciones récord de urea.