Nutrient-Based Subsidy rates to apply on Phosphatic and Potassic fertilizers for this Kharif Season
The subsidy on P&K fertilizers is governed by NBS Scheme with effect from April 1, 2010, which is 16 years back
New Delhi, Apr 8: A proposal to fix the Nutrient-Based Subsidy (NBS) rates on Phosphatic and Potassic (P&K) fertilizers during the KHARIF Season, 2026, from April 1 to June 30, was approved by the Union Cabinet today.
The Government decided to ensure the NBS rates for Kharif 2026 effective from April 1 to June 30, 2026 on Phosphatic and Potassic (P&K) fertilisers including DAP and NPKS grade in view of the recent trends in the international prices of fertilizers & inputs like Urea, DAP, MOP and Sulphur.
The subsidy would be provided to the fertilizer companies as per approved and notified rates so that fertilizers are made available to farmers at affordable prices.
The tentative budgetary requirement for Kharif season 2026 would be approximately Rs.41,533.81 crore, Union Information and Broadcasting Minister Ashwini Vaishnav said while addressing a press conference here.
This is approximate Rs. 4,317 crore more than the budgetary requirement for Kharif 2025 season. The budget for Kharif 2025 was Rs.37,216.15 crore, he said.
He said the decision would benefit the farmers by making fertilizers available at subsidized, affordable and reasonable prices.
Implementation Strategy and targets:
The subsidy on P&K fertilizers including DAP and NPKS grades will be provided based on approved rates for Kharif 2026 (applicable from 01.04.2026 to 30.09.2026) to ensure smooth availability of these fertilizers to the farmers at affordable prices.
Background:
The Government is making available 28 grades of P&K fertilizers including DAP to farmers at subsidized prices through fertilizer manufacturers/importers.
The subsidy on P&K fertilizers is governed by NBS Scheme with effect from April 1, 2010, which is 16 years back. (BVI)
