Given the importance of agriculture in any sizable country to feed its people, most countries have subsidised agriculture in the past, be they developed countries like the United States of America or countries in the European Union or Japan and Korea, or now emerging economies like China and...

By providing a conducive policy environment in the early days, the Government tried to build a base for the fertilizer industry by encouraging fertilizer products' consumption and distribution. But all these caused a high cost on Government as the subsidy out goes to the sector was mounting....