Cabinet Approves Rabi Fertiliser Subsidy Rates for 2026-27 Season

Prime Minister Narendra Modi welcomed the Union Cabinet’s approval of Nutrient-Based Subsidy rates for phosphatic and potassic fertilisers for the rabi 2026-27 season. He said farmers remain the government’s top priority and that it is working to improve their lives despite challenging global circumstances. Modi said the subsidy would help ensure that changes in international prices do not affect farmers and that fertilisers remain available at affordable and reasonable prices. The source gives a tentative budgetary requirement of approximately Rs 62,370.02 crore for the season. The approval concerns fertiliser subsidies for the upcoming rabi season. The source does not provide further details about implementation or the specific subsidy rates, and it does not state when farmers will receive fertilisers under the approved rates.