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Cabinet approves NBS rates for Rabi 2026-27
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Friday, 13 November, 2026, 10 : 00 AM [IST]
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Our Bureau, Mumbai
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The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the Nutrient Based Subsidy (NBS) rates for Phosphatic and Potassic (P&K) fertilisers, including Di-Ammonium Phosphate (DAP) and NPKS grades, for the Rabi 2026-27 season, covering the period from October 1, 2026, to March 31, 2027.
The tentative budgetary requirement for the subsidy during the season is estimated at Rs.62,370.02 crore, marking an increase of Rs.24,417.73 crore compared with the Rs.37,952.29 crore allocated for the Rabi 2025-26 season.
The decision aims to ensure the continued availability of fertilisers to farmers at subsidised, affordable and reasonable prices, while rationalising subsidy rates in line with recent trends in international fertiliser and raw material prices.
Under the approved framework, subsidies on P&K fertilisers, including DAP and various NPKS grades, will be provided to fertiliser companies at the notified rates for the six-month Rabi season. The move is expected to support the smooth supply of essential fertiliser nutrients during the cropping period and help farmers manage cultivation costs.
The government currently makes available 28 grades of P&K fertilisers, including DAP, to farmers at subsidised prices through fertiliser manufacturers and importers. The NBS scheme has been in operation since April 1, 2010, with the objective of ensuring the availability of these essential agricultural inputs at affordable prices.
The latest revision takes into account fluctuations in international prices of key fertilisers and inputs, including urea, DAP, Muriate of Potash (MOP) and sulphur. Through the approved subsidy rates, the government aims to balance the interests of farmers and fertiliser manufacturers while maintaining an uninterrupted supply of nutrients for the upcoming Rabi season.
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