Union Information and Broadcasting Minister Ashwini Vaishnaw. File | Photo Credit: ANI
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.
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.
Published - November 11, 2026 04:24 pm IST
Source: The Hindu · PTI
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