New Delhi, April 8, 2026
The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the nutrient-based subsidy (NBS) rates for phosphatic and potassic (P&K) fertilisers for the Kharif 2026 season, covering the period from April 1 to September 30, 2026.
Under the approved proposal of the Department of Fertilisers, the estimated budgetary requirement for Kharif 2026 has been pegged at ₹41,533.81 crore, marking an increase of around ₹4,317 crore over the ₹37,216.15 crore allocated for Kharif 2025.
The decision is aimed at ensuring that farmers continue to receive fertilisers at subsidised, affordable and reasonable prices, while also rationalising subsidy support in line with recent trends in global prices of fertilisers and key raw materials.
The approved subsidy rates will apply to DAP and various NPKS grades under the P&K category, ensuring their easy availability to farmers during the crucial sowing season at controlled prices.
The government said the move aligns with its farmer-centric policy approach, under which it currently provides 28 grades of phosphatic and potassic fertilisers, including DAP, through manufacturers and importers at subsidised rates.
India’s Nutrient Based Subsidy (NBS) regime for P&K fertilisers has been in force since April 1, 2010, under which subsidy rates are revised periodically based on international price movements of inputs such as urea, DAP, MOP, sulphur and other raw materials.
Given the latest global pricing trends in fertilisers and associated inputs, the Cabinet has now approved the revised national subsidy rates for the Kharif 2026 season effective from April 1, 2026, with fertiliser companies to be compensated as per the notified rates so that retail prices remain affordable for farmers.
