Indian fertilizer subsidies are roughly equal to a third of annual defense budget

Indian fertilizer subsidies are roughly equal to a third of the annual defense budget.[11 billion/36.3 billion OR 12.2 billion/36.3 billion = 30.3-34%]

Total budget of India = 1794892 Rs crore ($294437.664 million)

A proposed doubling of natural gas prices is now expected to force the government's hand. Gas accounts for four-fifths of the cost of making urea, a nitrogenous fertilizer that consumes more than half of India's $11 billion annual fertilizer subsidy bill.”

[“The government of Prime Minister Narendra Modi last week, in its first budget since taking power two months ago, raised to $12.2bn its subsidy fund for the domestic fertilizer industry in 2014-15.However, for phosphates and potash, of which India is a major importer, the subsidy budget was cut by 15% to $4.1bn. And while the allocation to the third main nutrient type, nitrogen, was raised by $1.7bn to $8.1bn, that too may be a negative for world prices, Macquarie said, given that it will boost domestic production of a fertilizer which India does produce itself, but for which the world already has strong supplies.”

“India ($36.3 billion): India's skyrocketing population reached 1.23 billion people in 2012, putting its defense spending at just $29 per person.

“Government plans urea price hike to curb fertilizer subsidies,” Reuters, June 9, 2014, accessed September 24, 2014,

"Budget at a Glance," accessed September 24, 2014,

“Raised India nutrient subsidy bodes ill for prices,”, July 15, 2014, September 24, 2014,

Sarah Wolfe, “Global Military Spending Set to Increase in 2014,“ National Public Radio: Politics and Policy, February 12, 2014, accessed September 24, 2014,

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