Question
The Union Cabinet approved the Nutrient Based Subsidy
(NBS) rates for Kharif Season 2026 on P&K fertilizers. What is the tentative budgetary allocation for this subsidy?Solution
In April 2026, the Union Cabinet chaired by Prime Minister Narendra Modi approved the proposal of the Department of Fertilizers (DoF) under the Ministry of Chemicals and Fertilizers (MoC&F) for fixing the Nutrient Based Subsidy (NBS) rates for Kharif Season 2026, starting from April 1, 2026 to September 30, 2026, on P&K fertilizers, with a tentative budgetary allocation of Rs 41,533.81 crore.
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