Ahead of the Rabi season, the Union Cabinet, chaired by Prime Minister Narendra Modi, has approved a ₹62,370 crore subsidy for Phosphatic and Potassic (P&K) fertilizers.
Covering October 1, 2026, to March 31, 2027, the Nutrient-Based Subsidy (NBS) ensures essential inputs remain affordable despite international cost surges driven by the Russia-Ukraine war and West Asia conflicts.
Crucially, the price of a 50 kg bag of DAP will remain unchanged at ₹1,350. Under the NBS scheme, funds will be disbursed directly to manufacturers and importers, guaranteeing a steady market supply, protecting farming families from global shocks, and supporting winter crop production.