Union minister Mansukh Mandaviya: Fertiliser subsidy may fall 30% to Rs 1.8lakh crore this fiscal
Thursday, 18 January 2024 Fertiliser subsidy in 2023-24 financial year is likely to be around Rs 1.7-1.8 lakh crore, about 30% less than the last year's Rs 2.56 lakh crore, due to fall in global prices and lower imports of urea, Union minister Mansukh Mandaviya said on Wednesday. There is adequate stock of fertiliser for the next Kharif season and imports have not been interrupted due to the Red Sea crisis, he added. Mandaviya told reporters that due to revival of four urea plants in recent years urea imports are estimated at 40-50 lakh tonnes this fiscal.
In a dramatic escalation, Yemeni forces have launched their largest-ever attack on U.S. Navy warships in the Red Sea, signaling their support for Palestine and Lebanon amid ongoing conflicts. The Pentagon has responded, refuting claims of direct hits, yet the incident raises significant concerns about regional stability and U.S. military operations. What does this mean for the future of U.S. presence in the Middle East? Join us as we dive deep into the details and implications of this high-stakes confrontation.
#Yemen #USH Navy #RedSea #MiddleEastConflict #Pentagon #MilitaryNews #YemeniForces #USWarships #GlobalSecurity #Palestine #Hezbollah #Iran #MilitaryTensions
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The United States and the United Kingdom have launched a fierce military strike on Yemen in response to attacks on Israeli-affiliated ships in the Red Sea. Yemen’s offensive was sparked by Israel’s relentless bombardment of Gaza, which has claimed the lives of thousands of Palestinians. As Yemen pledges solidarity with Palestine, the conflict has forced global shipping giants to reroute their vessels, triggering a crisis in one of the world's most vital maritime trade routes. How will this conflict reshape the geopolitical landscape, and is the world on the brink of further escalation?
#USUKStrike #YemenCrisis #RedSeaConflict #IsraelGazaWar #GlobalTradeCrisis #Ansarullah #MiddleEastTensions #Geopolitics #OilShippingCrisis #YemenSolidarity
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