Cabinet approves Nutrient Based Subsidy rates for Kharif 2025 season on P&K fertilizers
The Union Cabinet on Friday approved the nutrient-based subsidy (NBS) rates for the Kharif 2025 season, effective from April 1 to September 30. This decision aims to ensure that phosphatic and potassium (P&K) fertilisers, including NPKS grades, are available to farmers across the country at subsidised and affordable rates.
The government has allocated ₹37,216.15 crore for the subsidy during the Kharif 2025 season, marking an increase of approximately ₹13,000 crore compared to the budget for the Rabi 2024-25 season.
With this approval, farmers will continue to receive fertilizers at reasonable prices despite fluctuations in international fertilizer and input costs. The government has also extended the freight subsidy on Single Super Phosphate (SSP) for the Kharif 2025 season, further reducing financial burdens on farmers.
The subsidy on P&K fertilizers will be provided based on the approved rates to ensure a smooth supply of these essential agricultural inputs. The Nutrient Based Subsidy (NBS) scheme has been in effect since April 1, 2010, ensuring that 28 different grades of P&K fertilizers are available to farmers at subsidized prices. The government provides subsidies directly to fertilizer manufacturers and importers to maintain affordability, regardless of global price fluctuations in raw materials such as Urea, DAP, MOP, and Sulphur.
