Exclusive: India likely to overshoot fertilizer aid bill by $4.2 billion, banks may chip in – sources

NEW DELHI/MUMBAI  – India is likely to overshoot its fertilizer subsidy bill for this financial year by 300 billion rupees ($4.2 billion), three sources with direct knowledge of the matter said, and the government could tap state banks to fund the extra spending. Prime Minister Narendra Modi’s government […]