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Cabinet approves Nutrient Based Subsidy rates for Kharif, 2025 on Phosphatic and Potassic fertilizers

Published By : Admin | March 28, 2025 | 16:11 IST
QuoteThe notified P&K fertilizers including NPKS grades will be available to the farmers at subsidized, affordable and reasonable rates
QuoteThe freight subsidy on Single Super Phosphate (SSP) has been extended to Kharif 2025
QuoteApproval for subsidy rates for notified P&K fertilizers is yet another example of the importance attached by the Government to the agriculture sector and Indian farmers
QuoteSubsidizing P&K fertilizers helps ensure farmers get the nutrients they need at a fair price, Healthy soils lead to healthy harvests and ensures food security for the Nation
QuoteCabinet approved NBS subsidy of Rs. 37,216.15 crore for Kharif 2025 to ensure affordable, subsidized and reasonable rates on P&K fertilizers across the country

The Union Cabinet chaired by Prime Minister Shri Narendra Modi approved the proposal of the Department of Fertilizers for fixing the Nutrient Based Subsidy (NBS) rates for KHARIF Season, 2025 (from 01.04.2025 to 30.09.2025) on Phosphatic and Potassic (P&K) fertilizers.

The budgetary requirement for Kharif season 2024 would be approximately Rs. 37,216.15 cr. This is approximate Rs. 13,000 crore more than the budgetary requirement for Rabi seasons 2024-25.

Benefits:

· Availability of fertilizers to farmers at subsidized, affordable and reasonable prices will be ensured.

· Rationalization of subsidy on P&K fertilizers in view of recent trends in the international prices of fertilizers and inputs.

Implementation Strategy and targets:

The subsidy on P&K fertilizers including NPKS grades will be provided based on approved rates for Kharif 2025 (applicable from 01.04.2025 to 30.09.2025) to ensure smooth availability of these fertilizers to the farmers at affordable prices.

Background:

Government is making available 28 grades of P&K fertilizers to farmers at subsidized prices through fertilizer manufacturers/importers. The subsidy on P&K fertilizers is governed by NBS Scheme w.e.f. 01.04.2010. In accordance with its farmer friendly approach, the Government is committed to ensure the availability of P&K fertilizers to the farmers at affordable prices. In view of the recent trends in the international prices of fertilizers & inputs i.e. Urea, DAP, MOP and Sulphur, Government has decided to approve the NBS rates for Kharif 2025 effective from 01.04.25 to 30.09.25 on Phosphatic and Potassic (P&K) fertilizers including NPKS grades. The subsidy would be provided to the fertilizer companies as per approved and notified rates so that fertilizers are made available to farmers at affordable prices.

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Rt Hon David Lammy, Foreign Secretary of the United Kingdom calls on Prime Minister Shri Narendra Modi
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