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Cabinet Approves ₹41,533 Crore Fertiliser Subsidy for Kharif Season

The Union Cabinet has approved a Nutrient Based Subsidy allocation of approximately ₹41,533 crore for phosphatic and potassic fertilisers for the upcoming Kharif season. This amount is over ₹4,300 crore higher than the previous Kharif season's budget. The subsidy is designed to ensure farmers continue to have access to critical fertilisers at reasonable and subsidised prices. The decision accounts for recent volatility in international prices of fertilisers and raw materials.

Key Points: ₹41,533 Crore Fertiliser Subsidy Approved for Kharif Season

  • ₹41,533 crore subsidy approved
  • Covers Kharif season from April to Sept
  • Ensures affordable fertiliser prices
  • Addresses rising international input costs
2 min read

Cabinet okays Rs 41,533 crore proposal for kharif season fertiliser subsidy

The Union Cabinet approves a ₹41,533 crore subsidy for P&K fertilisers for Kharif 2026 to ensure affordable prices for farmers.

"ensuring the availability of P&K fertilisers to the farmers at affordable prices - Government Statement"

New Delhi, April 8

The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved a proposal of the Department of Fertilisers for fixing the Nutrient Based Subsidy rates for this year's kharif season on Phosphatic and Potassic fertilisers.

The tentative budgetary requirement for the kharif season this year will be approximately Rs 41,533.81 crore. This is approximately Rs 4,317 crore more than the budgetary requirement for the previous Kharif season, which worked out to Rs 37,216.15 crore, according to a Cabinet note.

The approval will ensure the availability of fertilisers to farmers at subsidised, affordable, and reasonable prices. The rationalisation of subsidy on P&K fertilisers is being done in view of recent trends in the international prices of fertilisers and inputs.

The subsidy would be provided to the fertiliser companies as per approved and notified rates so that fertilisers are made available to farmers at affordable prices.

The subsidy on P&K fertilisers, including DAP and NPKS grades, will be provided based on approved rates for Kharif 2026 (applicable from April 1 to Sept 30) to ensure smooth availability of these fertilisers to the farmers at affordable prices.

The government is making available 28 grades of P&K fertilisers, including DAP, to farmers at subsidised prices through fertiliser manufacturers/importers. The subsidy on P&K fertilisers is governed by the NBS Scheme with effect from April 1, 2010. In accordance with its farmer-friendly approach, the government is committed to ensuring the availability of P&K fertilisers to the farmers at affordable prices, the statement said.

In view of the recent trends in the international prices of fertilisers & inputs like urea, DAP, MOP and sulphur, the government has decided 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, the statement added.

- IANS

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Reader Comments

P
Priya S
Good step, but I hope the subsidy actually reaches the small farmers and isn't just absorbed by middlemen or companies increasing their margins. Transparency in distribution is key.
A
Arjun K
Over 41,000 crores is a massive allocation. While supporting farmers is crucial, we must also invest equally in promoting organic farming and soil health missions to reduce long-term dependency on chemical fertilisers.
S
Sarah B
As someone who follows agricultural economics, this is a necessary intervention given the volatility in global fertilizer prices post-Ukraine war. It stabilizes the farm economy ahead of the crucial monsoon season.
V
Vikram M
Bahut accha hai! Timely decision before Kharif sowing begins. Hope the fertiliser companies pass on the full benefit and there is no shortage at the local level. Our annadata needs this support.
K
Karthik V
The increase of ~4300 crores from last year shows the government is responsive to global price hikes. However, I respectfully suggest a more direct benefit transfer model to farmers' accounts in the future to cut leakage.

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