The Union Cabinet has approved the proposal of the Department of Fertilizers for fixing the Nutrient Based Subsidy (NBS) rates for KHARIF Season, 2025 (from 01.04.2025 to 30.09.2025) on Phosphatic and Potassic (P&K) fertilizers.
Budgetary requirement for Kharif season 2025: It will be approximately Rs. 37,216.15 crore. This is approximate Rs. 13,000 crore more than the budgetary requirement for Rabi seasons 2024-25.
Benefits:
- Availability of fertilizers to farmers at subsidized, affordable and reasonable prices will be ensured.
- Rationalization of subsidy on P&K fertilizers in view of recent trends in the international prices of fertilizers and inputs.
Implementation Strategy and targets: Subsidy on P&K fertilizers including NPKS grades will be provided based on approved rates for Kharif 2025 to ensure smooth availability of these fertilizers to the farmers at affordable prices.
Background
- Government is making available 28 grades of P&K fertilizers to farmers at subsidized prices through fertilizer manufacturers/importers.
- The subsidy on P&K fertilizers is governed by NBS Scheme w.e.f 2010.
- In view of the recent trends in the international prices of fertilizers & inputs i.e. Urea, DAP, MOP and Sulphur, Government has decided to approve the NBS rates for Kharif 2025 effective from 01.04.25 to 30.09.25 on Phosphatic and Potassic (P&K) fertilizers including NPKS grades.
- The subsidy will be provided to the fertilizer companies as per approved and notified rates so that fertilizers are made available to farmers at affordable prices.