Union Cabinet has approved proposal of Department of Fertilizers for fixing the Nutrient Based Subsidy (NBS) rates for KHARIF Season 2026 on Phosphatic and Potassic (P&K) fertilizers.
The tentative budgetary requirement for Kharif season 2026 is approximately Rs.41,533.81 crore. 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.
Key Facts
- Subsidy covers 28 grades of P&K fertilizers including DAP and NPKS grades
- Subsidy provided directly to fertilizer manufacturers/importers so that farmers get fertilizers at affordable prices
Background: About NBS Scheme
- Government makes available 28 grades of P&K fertilizers including DAP to farmers at subsidised prices.
- The Nutrient Based Subsidy (NBS) Scheme has been in operation since 1 April 2010.
- Under the scheme, a fixed subsidy per kg is notified annually for nutrients- Nitrogen (N), Phosphorus (P), Potassium (K) and Sulphur (S).
- Subsidy rates are reviewed periodically based on international prices of fertilizers and inputs like Urea, DAP, MOP and Sulphur.
- Recent Global Trends: In view of the recent trends in the international prices of fertilizers & inputs like Urea, DAP, MOP and Sulphur, Government has decided to approve the NBS rates for Kharif 2026 effective from 01.04.2026 to 30.09.2026 on P&K fertilisers including DAP and NPKS grades.