Cabinet approves ₹62,370-crore fertiliser subsidy for Rabi season
BusinessLine 7 hrs ago·11 Nov 2026, 10:41 am
The Union Cabinet has approved a significant financial package for the upcoming Rabi farming season. The government has sanctioned a total fertiliser subsidy of ₹62,370 crore to ensure farmers have access to essential nutrients. This allocation primarily covers the Nutrient Based Subsidy (NBS) rates for phosphatic and potassic (P&K) fertilisers, which will be effective from October 1, 2026, to March 31, 2027. This move is aimed at stabilising input costs for farmers during the crucial winter sowing period.
For investors, this decision is a positive signal for the agricultural sector. By reducing the financial burden on farmers, the government hopes to boost crop production and support rural incomes. This can indirectly benefit agri-input companies and the broader economy. Market participants should watch for any updates on the actual disbursement of funds and how this impacts the availability of fertilisers in the coming months.
Excerpt from BusinessLine
The package includes Nutrient Based Subsidy (NBS) rates for phosphatic and potassic (P&K) fertilisers for the period October 1, 2026, to March 31, 2027. The Union Cabinet on Wednesday approved a fertiliser subsidy package of Rs 62,370 crore for the Rabi 2026-27 season, a 64 per cent increase over the Rs 37,952 crore…Read the original at BusinessLine
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