New Delhi, Jan 2 (IANS) India’s natural gas consumption is expected to grow by 3-4 per cent (year‑on‑year) in FY27, following near‑term moderation in FY26, driven by lower offtake from fertiliser, power and refineries, a new report has said.The latest report from ICRA forecasts a rebound next year led by recovery in industrial offtake and continued expansion of the City Gas Distribution network, which will position natural gas as a focal point in India’s evolving energy narrative.Natur…
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New Delhi, Dec 31 (IANS) The government’s total fertiliser subsidy outgo is expected to remain substantial at around Rs 1.9 lakh crore in FY27, marking a major fiscal commitment to ensure affordability and availability of fertilisers, a report said on Wednesday.The report from ICRA forecasted that fertiliser sales volumes will grow at a steady 1 per cent to 3 year-on-year rate in FY27, broadly in line with long-term trends.The data showed that the higher Nutrient‑Based Subsidy rates for the Ra…