M S Ramaratnam is Professor, Department of Management Studies, Sri Chandrasekharendra Saraswathi Viswa Mahavidyalaya, Kancheepuram.
India has absorbed a fertiliser shock while keeping its deficit goal in reach. Now its subsidy budget must recognise risk before the next crisis.
B Sharathbabu
M S Ramaratnam
October 16, 2026 at 5:36 AM IST