The recently announced Rs53,000 crore all-cash subsidy for the fertiliser industry, up from Rs30,000 crore announced in this year's Budget was a critical move by the government to save the fertiliser industry. But this is not enough. Only Rs22,000 crore will soon be released to players in the industry, the balance is expected over the next few months.

Like any fledgling business, the carbon credit market too has teething troubles. But that should not stop it from growing