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India's Cabinet approved a nutrient-based subsidy of Rs 37,216.15 crore for the kharif 2025 season, up from Rs 24,474.53 crore in rabi 2024-25. The phosphorus subsidy rises by Rs 12.80/kg to Rs 43.60/kg, while nitrogen and potash subsidies are unchanged.
A larger phosphorus subsidy supports Indian DAP purchasing and cushions demand despite high global phosphate prices, supporting phosphate prices.
thehindubusinessline.comPrabhudatta MishraMar 28, 2025After 151 past bullish policy events, DAP moved a median +0.0% over 5 sessions (50% higher; middle half -0.6% to +0.9%), and +1.9% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
