Union Cabinet Approves ₹41,533 Crore Fertiliser Subsidy for Kharif Season
Synopsis
In a pivotal decision, the Union Cabinet has approved a ₹41,533 crore proposal for fertiliser subsidies this kharif season. This move aims to ensure that farmers have access to essential fertilisers at affordable prices amid changing international markets.
Key Takeaways
Cabinet Approval: ₹41,533 crore allocated for fertiliser subsidies.
Supporting Farmers: Ensures affordable access to essential P&K fertilisers.
Budget Increase: Up by ₹4,317 crore from previous year's requirement.
28 Fertiliser Grades: Government will provide multiple grades including DAP.
International Trends: Response to rising global fertiliser prices.
New Delhi, April 8 (NationPress) In a significant move, the Union Cabinet, led by Prime Minister Narendra Modi, has granted approval for a proposal from the Department of Fertilisers aimed at establishing the Nutrient Based Subsidy (NBS) rates for the upcoming kharif season, which spans from April 1 to September 30. The anticipated budget for this kharif season is approximately Rs 41,533.81 crore, reflecting an increase of around Rs 4,317 crore compared to last year's requirement of Rs 37,216.15 crore, as noted in an official Cabinet document.
This endorsement will facilitate the access of farmers to fertilisers at subsidised, economical, and reasonable prices. The adjustment of the subsidy for P&K fertilisers is a response to the recent shifts in global fertiliser and input prices.
The subsidy will be allocated to fertiliser companies at the officially approved rates to guarantee that farmers can procure these essential materials at manageable costs.
The subsidy on P&K fertilisers, which includes DAP and NPKS grades, will be determined based on the sanctioned rates for Kharif 2026 (valid from April 1 to September 30), ensuring that farmers have a steady supply at affordable prices.
The government is set to provide 28 different grades of P&K fertilisers, including DAP, to farmers at reduced prices through both manufacturers and importers. The subsidy on P&K fertilisers is regulated under the NBS Scheme, which has been in effect since April 1, 2010. Demonstrating its commitment to farmers, the government aims to ensure the consistent availability of P&K fertilisers at affordable rates, as highlighted in their statement.
Considering the current trends in international fertiliser prices and other inputs like urea, DAP, MOP, and sulphur, the government has resolved to approve the NBS rates for Kharif 2026, effective from April 1 to September 30 on phosphatic and potassic (P&K) fertilisers, including DAP and NPKS grades.
Point of View
This initiative by the Union Cabinet reflects a proactive approach to support farmers during the critical kharif season. By increasing the budget for fertiliser subsidies, the government is addressing the rising costs of agricultural inputs, thereby ensuring that farmers can continue to cultivate crops without financial strain. This move is essential for maintaining food security and stabilizing the agricultural sector.
NationPress
5 Aug 2026
Frequently Asked Questions
What is the total budget approved for the kharif season fertiliser subsidy?
The Union Cabinet has approved a budget of approximately ₹41,533 crore for the kharif season fertiliser subsidy.
Which fertilisers are covered under the Nutrient Based Subsidy?
The subsidy covers Phosphatic and Potassic (P&K) fertilisers, including DAP and NPKS grades.
When does the kharif season run?
The kharif season runs from April 1 to September 30.
How does the subsidy benefit farmers?
The subsidy ensures that farmers can access essential fertilisers at subsidised and affordable prices.
What is the purpose of the Nutrient Based Subsidy Scheme?
The NBS Scheme aims to provide financial support to farmers by subsidising the cost of fertilisers, ensuring their availability at reasonable prices.
