Cabinet approves Rs 41,534 Crore Nutrient Based Subsidy for Kharif 2026, Rs 4,317 Crore More Than 2025
The Union Cabinet has approved Rs 41,534 crore under the Nutrient Based Subsidy (NBS) scheme for Kharif 2026, marking a Rs 4,317 crore increase from last year. The move aims to ensure affordable availability of P&K fertilizers like DAP and NPK to farmers.
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The Union Cabinet chaired by the Prime Minister Narendra Modi has approved a proposal of the Department of Fertilizers for fixing the Nutrient Based Subsidy (NBS) rates for Kharif 2026. This subsidy is from 01.04.2026 to 30.09.2026 on Phosphatic and Potassic (P&K) fertilizers.
The tentative budgetary requirement for Kharif season 2026 would be approximately Rs.41,533.81 crore. This is approximately Rs. 4,317 crore more than the budgetary requirement for the Kharif 2025 season. The budget for Kharif 2025 was Rs.37,216.15 crore.
The subsidy on P&K fertilizers including DAP and NPKS grades will be provided based on approved rates for Kharif 2026, to ensure smooth availability of these fertilizers to the farmers at affordable prices.
Rationalization of subsidy on P&K fertilizers is in view of recent trends in the international prices of fertilizers and inputs. 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 statement released after the cabinet meeting says that 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 w.e.f. 01.04.2010. In accordance with its farmer friendly approach, the Government is committed to ensure the availability of P&K fertilizers to the farmers at affordable prices.
