The Planning Commission has pitched fertiliser subsidy reforms and soil conservation in its Draft 12th Five-Year Plan. In the first volume of the plan document, the Planning Commission says, "There is inevitable upward pressure of increasing expenditure on subsidies, particu-larly on fertiliser and petroleum due to increasing international crude oil prices, and also on food owing to proposed food security legislation. The subsidy regime needs to be urgently reformed to keep the total subsidy within the ceiling of 1.5% of GDP in 2016-17 that the resources projections have built in."
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