Cabinet approves ₹62,370 cr. subsidy for P&K fertilisers in rabi season
New Delhi The government on Wednesday (November 11, 2026) approved a ₹62,370 crore subsidy on phosphatic and potassic (P&K) fertilisers for the rabi season 2026-27. The Union Cabinet, chaired by Prime Minister Narendra Modi, approved the Department of Fertilisers' proposal to fix the Nutrient Based Subsidy (NBS) rates for the Rabi season 2026-27 (from October 2026 to March 31, 2027) on Phosphatic and Potassic (P&K) fertilisers.
The Cabinet has approved ₹62,370 crore as subsidy for P&K fertilisers, Union Information and Broadcasting Minister Ashwini Vaishnaw told reporters after the Cabinet meeting. Fertiliser security strong and stable: Union Government Fertiliser security strong and stable: Union Government For Kharif 2026, the Ministry of Fertilisers has assessed the requirement of 390.54 LMT. The current available stock of 190 LMT is 49% of the requirement, says Additional Secretary Fertiliser security strong and stable: Union Government storyline 1 He said the fertiliser prices have shot up immensely due to the West Asia crisis and the Russia-Ukraine war.
However, the Minister said the government has protected farmers' interests by providing adequate fertiliser subsidy. The Modi government has provided a shield to farmers from geopolitical turmoil, he added. Mr. Vaishnaw said the DAP (di-ammonium phosphate) rate would remain the same at ₹1,350 per bag of 50 kg each. The subsidy on P&K fertilisers, including DAP and NPKS (Nitrogen, Phosphorus, Potash, Sulphur) grades, will be provided based on approved rates for Rabi 2026-27 to ensure the smooth availability of these soil nutrients to the farmers at affordable prices.
