Indian Cabinet Approves ₹41,533.81 Crore Nutrient Based Subsidy for Kharif 2026 Season

The government underscored that the subsidy for P&K fertilisers, which encompasses crucial Di-Ammonium Phosphate (DAP) and various NPKS grades, will be dispensed based on these newly approved rates. This strategy is specifically designed to guarantee the smooth and unint

errupted availability of essential nutrients to farmers at affordable price points. Since its inception on April 1, 2010, the NBS scheme has served as the primary vehicle for delivering 28 distinct grades of P&K fertilisers through a network of authorized manufacturers and importers, maintaining a critical balance between soil health and farmer profitability.

This high-level policy intervention is a direct response to prevailing international market trends affecting the prices of fertilisers and key raw inputs, including urea, DAP, Muriate of Potash (MOP), and sulphur. By notifying these rates, the government provides a clear fiscal framework for fertiliser companies, allowing them to maintain supply chains despite global cost pressures. This decision reinforces the administration's commitment to agrarian welfare, securing price stability for the upcoming sowing season and ensuring that the pillars of Indian agriculture remain resilient against global economic fluctuations.