Quote on Union Budget 2026-27 By Mr S Sankarasubramanian, the Fertiliser Association of India and Managing Director and CEO, Coromandel International Ltd
Below Quote on Union Budget 2026-27 By Mr S Sankarasubramanian, Chairman, The Fertiliser Association of India and Managing Director and CEO, Coromandel International Ltd
“This Budget brings together productivity, resilience, and affordability in a way that reflects the evolving needs of Indian agriculture. The focus on district-level outcomes, better seeds, diversified cropping, and multilingual digital advisory platforms has the potential to meaningfully improve on-farm decision-making and input efficiency, provided execution remains closely aligned with ground realities.
The fertiliser allocations underline a steady commitment to domestic capability. Support of ?91,000 crore for indigenous urea and ?34,000 crore for domestically produced P&K fertilisers, alongside imported fertiliser support of ?32,000 crore for urea and ?20,000 crore for P&K, reinforces supply security while maintaining farmer access to affordable nutrients. The emphasis on customs duty rationalisation and addressing inverted GST structures is particularly important, as it helps streamline costs, improve cash flows, and create a more predictable operating environment.
Overall, the approach strengthens alignment between agricultural priorities and industrial sustainability, supporting farmers today while building a more resilient and efficient fertiliser ecosystem for the future.”
Above views are of the author and not of the website kindly read disclaimer
