Freeze fertiliser subsidy at current levels, deregulate urea prices: ICRIER study
A study proposes implementing cash transfers to farmers' bank accounts, matching current fertiliser subsidy levels, to address fertiliser use imbalance and reduce government expenditure. Deregulating prices and using data-driven methods to identify tenant farmers are also recommended. Rationalising the subsidy by lowering support for urea and increasing it for other crops is emphasized.