# ₹5,000 DAP for ₹1,300, ₹3,000 urea below ₹300: PM Modi says ₹16 lakh cr spent to keep fertilisers cheap for farmers

> Prime Minister Narendra Modi said India has spent ₹16 lakh crore over 12 years to keep fertilisers affordable for farmers. He said a DAP bag costing about ₹5,000 internationally is sold to Indian farmers for ₹1,300, and urea is priced below ₹300 against roughly ₹3,000 abroad. He made the remarks at the India Today Kisan Tak Agri Conference.

- Date: 2026-11-12 · published 2026-11-12T18:11:12.918Z
- Category: policy · region India · magnitude low
- Page: https://feedsoft.ai/events/95877-5-000-dap-for-1-300-3-000-urea-below-300-pm-modi-says-16-lakh-cr-spent-to-keep
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Urea](https://feedsoft.ai/c/UREA.md)

## Why it matters

Heavy subsidies keep Indian domestic fertilizer demand insulated from international price spikes, so import needs for DAP and urea depend on government spending rather than farmer price response. The subsidy gap is large, which supports continued state-backed imports.

## Read by commodity

- DAP: neutral
- UREA: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2021-05-20 | [CCEA approves increased prices for Phosphatic and Potassic (P&K) fertilizers vide notification dated 20.5.2021 to be rolled over for the whole year 2021-22](https://feedsoft.ai/events/47024-ccea-approves-increased-prices-for-phosphatic-and-potassic-p-and-k-fertilizers.md) | +0.5% | +4.2% |
| DAP | 2023-04-18 | [Why stabilising the fertiliser market matters for Europe’s food industry](https://feedsoft.ai/events/36741-why-stabilising-the-fertiliser-market-matters-for-europe-s-food-industry.md) | 0.0% | -10.3% |
| DAP | 2023-12-11 | [(2nd LD) S. Korea to extend tariff quota on urea, fertilizer material over China's export curbs \| Yonhap News Agency](https://feedsoft.ai/events/32638-2nd-ld-s-korea-to-extend-tariff-quota-on-urea-fertilizer-material-over-china-s.md) | +0.9% | +3.9% |
| DAP | 2021-04-09 | [Govt asks companies not to hike non-urea fertilizer prices, look for alternative to expensive raw materials - Times of India](https://feedsoft.ai/events/47934-govt-asks-companies-not-to-hike-non-urea-fertilizer-prices-look-for-alternative.md) | +0.2% | +6.7% |
| DAP | 2021-04-09 | [Fertiliser  Prices News: Government Tells Fertiliser Companies Not To Raise Prices](https://feedsoft.ai/events/47929-fertiliser-prices-news-government-tells-fertiliser-companies-not-to-raise-prices.md) | +0.2% | +6.7% |
| UREA | 2022-12-06 | [Fertilizer subsidy bill in FY23 seen at ₹2.3-2.5 lakh cr.; may drop  25% in FY24: FAI - The Hindu](https://feedsoft.ai/events/38551-fertilizer-subsidy-bill-in-fy23-seen-at-2-3-2-5-lakh-cr-may-drop-25-in-fy24-fai.md) | -0.8% | -8.9% |
| UREA | 2025-12-11 | [Urea market braces for EU’s CBAM \| World Fertilizer](https://feedsoft.ai/events/21823-urea-market-braces-for-eu-s-cbam-world-fertilizer.md) | +1.0% | +11.2% |
| UREA | 2023-04-18 | [Why stabilising the fertiliser market matters for Europe’s food industry](https://feedsoft.ai/events/36741-why-stabilising-the-fertiliser-market-matters-for-europe-s-food-industry.md) | +1.5% | +6.3% |

## Sources

- businesstoday.in: https://www.businesstoday.in/latest/economy/story/rs5000-dap-for-rs1300-rs3000-urea-below-rs300-pm-modi-says-rs16-lakh-cr-spent-to-keep-fertilisers-cheap-for-farmers-567211-2026-11-12

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