Story perspectives

Modi launches 24th PM-Kisan, pledges near-Rs 300 fertilizer

By Drooid · Oct 31, 2026 · How we work

Read the story

Story summary

Summary

Prime Minister Narendra Modi launched the 24th PM-Kisan scheme in Banaskantha on Oct 30-31 2026.
He inaugurated projects worth over Rs 14,000 crore, including a bovine research centre and two Bio-CNG plants.
Modi accused opposition parties of creating panic over fertilizer and cooking-gas shortages amid the Iran war.
He said fertilizer will stay near Rs 300 per bag despite global prices around Rs 3,000.

History

India’s 1985 Fertilizer (Control) Order, which capped bag prices near Rs 250, introduced state-led price stability amid volatile global markets. The policy echoes the 2026 launch of Modi’s 24th PM-Kisan scheme promising Rs 300 bags, while worldwide fertilizer use has surged—synthetic nitrogen applications rose about 800 % since the 1960s. Such controls mirror broader moves in China, the EU and the U.S. to manage supply and costs.

1 of 2

India’s 1985 Fertilizer (Control) Order, which capped bag prices near Rs 250, introduced state-led price stability amid volatile global markets. The policy echoes the 2026 launch of Modi’s 24th PM-Kisan scheme promising Rs 300 bags, while worldwide fertilizer use has surged—synthetic nitrogen applications rose about 800 % since the 1960s. Such controls mirror broader moves in China, the EU and the U.S. to manage supply and costs.

1 / 2