# India: Govt. Slashes Potash Subsidy by 10% | ECHEMI

> India's cabinet cut the potash fertilizer subsidy by more than 10 percent to Rs. 11.124 per kg for fiscal 2018-19, down from Rs. 12.395. India's potash imports were estimated at 4.6 million tonnes in 2017/18.

- Date: 2018-04-12 · published 2018-04-12T12:00:00.000Z
- Category: policy · region India · magnitude medium
- Page: https://feedsoft.ai/events/65443-india-govt-slashes-potash-subsidy-by-10-echemi
- Commodities: [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

A lower subsidy may raise retail potash prices for Indian farmers and could dampen consumption and imports, which weighs on global potash demand.

## Read by commodity

- POTASH: bearish ▼

## Sources

- echemi.com: https://www.echemi.com/cms/11903.html

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