13
Mar
Finance Minister Nirmala Sitharaman has moved to calm agricultural markets by reaffirming that India is well-stocked with essential soil nutrients, dismissing concerns of potential shortages ahead of the 2026 Kharif season. Speaking against a backdrop of regional tensions in West Asia that have threatened global supply chains, the Minister emphasized that the government’s proactive procurement strategy has resulted in a significant 36.6% year-on-year surge in total fertilizer reserves. As of mid-March 2026, the country’s stockpiles have reached a record 180.12 lakh metric tonnes, up from approximately 131 lakh metric tonnes the previous year. Sitharaman noted that the "adequate provision" is…
