# Cabinet clears higher subsidy for non-urea fertilisers  - The Hindu

> India's Union Cabinet approved higher subsidies on non-urea fertilizers for the upcoming Kharif season, totaling ₹60,939 crore. The subsidy on DAP rises to ₹2,501 per bag from ₹1,650, while global DAP and raw material prices have risen about 80%.

- Date: 2022-04-27 · published 2022-04-27T12:00:00.000Z
- Category: policy · region India · magnitude medium
- Page: https://feedsoft.ai/events/42150-cabinet-clears-higher-subsidy-for-non-urea-fertilisers-the-hindu
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Phosphate Rock](https://feedsoft.ai/c/PHOSROCK.md)

## Why it matters

The subsidy keeps Indian DAP demand supported despite high import costs, sustaining global phosphate purchasing interest and firm phosphate price levels.

## Read by commodity

- DAP: bullish ▲
- PHOSROCK: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2021-09-05 | [Fertiliser shortage hits paddy farmers in Andhra Pradesh - The Hindu](https://feedsoft.ai/events/45374-fertiliser-shortage-hits-paddy-farmers-in-andhra-pradesh-the-hindu.md) | +1.2% | +7.9% |
| DAP | 2021-05-13 | [Mosaic Co. Sues for Higher Duties on Fertilizer Imports](https://feedsoft.ai/events/47414-mosaic-co-sues-for-higher-duties-on-fertilizer-imports.md) | +1.0% | +6.5% |
| DAP | 2021-05-06 | [Kisan Card subsidy plan may trigger fertiliser sales - Newspaper - DAWN.COM](https://feedsoft.ai/events/7724-kisan-card-subsidy-plan-may-trigger-fertiliser-sales-newspaper-dawn-com.md) | +1.8% | +6.6% |
| DAP | 2022-01-28 | [EXCLUSIVE India plans over $40 billion for food, fertiliser subsidy for 2022/23 - sources \| Reuters](https://feedsoft.ai/events/43458-exclusive-india-plans-over-40-billion-for-food-fertiliser-subsidy-for-2022-23.md) | -0.6% | +19.5% |
| DAP | 2021-03-24 | [Prices skyrocket, supply choked: perfect storm for fertiliser \| The Land \| NSW](https://feedsoft.ai/events/48426-prices-skyrocket-supply-choked-perfect-storm-for-fertiliser-the-land-nsw.md) | -2.0% | +1.3% |

## Sources

- thehindu.com: https://www.thehindu.com/business/Economy/cabinet-clears-higher-subsidy-for-non-urea-fertilisers/article65360479.ece

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.