The Union Cabinet has approved the nutrient based subsidy (NBS) rates for phosphatic and potassic (P&K) fertilisers for the rabi season 2026-27, with a tentative outlay of about ₹62,370 crore. That is about ₹24,417.73 crore, or roughly 64.3%, more than the ₹37,952 crore provided for the previous rabi season.
The rates apply from 1 October 2026 to 31 March 2027. Information and Broadcasting Minister Ashwini Vaishnaw briefed the media in New Delhi on 11 November 2026 after the Cabinet meeting chaired by Prime Minister Narendra Modi.
Why Did the Government Raise the Nutrient Based Subsidy?
The government cited recent trends in international prices of fertilisers and inputs such as urea, DAP and sulphur. Vaishnaw said fertiliser prices rose sharply because of the West Asia crisis and the Russia-Ukraine war, and that the subsidy aims to shield farmers from global price volatility.
What Happens to DAP Prices for Farmers?
The price of di-ammonium phosphate (DAP) is unchanged at ₹1,350 per 50-kg bag, according to reports of the decision.
What Did the Minister Say?
Vaishnaw said the subsidy “will ensure smooth availability of these fertilizers to the farmers at affordable prices.” He also said: “The government has protected farmers’ interests by providing an adequate fertiliser subsidy for them.”
Market and Trade Reaction
No reaction from fertiliser makers, importers or farmer groups had been reported in the sources reviewed at the time of writing.
What Happens Next?
The new rates cover the rabi season through 31 March 2027. Subsidy rates are fixed season by season, so the government will set rates for the next season separately.
Frequently Asked Questions
How much is the rabi 2026-27 nutrient based subsidy?
The Cabinet approved a tentative requirement of about ₹62,370 crore for P&K fertilisers.
How much higher is it than last rabi season?
It is about ₹24,417.73 crore, or roughly 64.3%, higher than the ₹37,952 crore provided for the previous rabi season.
Will DAP become costlier for farmers?
Reports say the DAP price stays at ₹1,350 per 50-kg bag.
Source: News On AIR, Swarajya and Deccan Chronicle, 11 November 2026.
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