New Delhi’s policies have led to an imbalance in fertiliser use in an economy where two-thirds of the population relies on agriculture for its livelihood. Burgeoning subsidies point towards a fiscal crisis and price distortions are contributing to low agricultural productivity and unbalanced fertiliser consumption.
As our Trusted Source explains, the government is fully aware of the policy’s flaws and has a number of options to rectify these problems. The key issue, as ever, is the...
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