Government approves Rs 62,370 crore subsidy on phosphatic, potassic fertilisers for rabi season 2026-27
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved a Rs 62,370 crore subsidy on phosphatic and potassic (P&K) fertilisers for the rabi season 2026-27. The cabinet has approved the Department of Fertilizers' proposal to fix the Nutrient Based Subsidy (NBS) rates for Rabi season 2026-27 (from October 2026 to March 31, 2027) on Phosphatic and Potassic (P&K) fertilisers.
Highlighting the significance of the subsidy, Union Information and Broadcasting Minister Ashwini Vaishnaw has said that the fertiliser prices have shot up immensely due to the West Asia crisis and the Russia-Ukraine war. The government has protected farmers' interests by providing adequate fertiliser subsidy.
Vaishnaw noted that the DAP (di-ammonium phosphate) rate would remain the same at Rs 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 smooth availability of these soil nutrients to the farmers at affordable prices.
