Brief by Shorts91 Newsdesk / 04:40pm on 11 Nov 2026,Wednesday India
The Union Cabinet, chaired by Prime Minister Narendra Modi, on November 11 approved a ₹62,370 crore subsidy budget for phosphatic and potassic (P&K) fertilisers for the 2026–27 Rabi season. The allocation represents a 64.3% increase from ₹37,952 crore in the previous season. The decision comes amid rising international fertiliser prices and supply-chain disruptions linked to the West Asia conflict. The subsidy will cover 28 fertiliser grades, including DAP and NPKS, under the Nutrient Based Subsidy scheme. Applicable from October 1, 2026, to March 31, 2027, the move aims to ensure affordable fertiliser supplies for farmers. (PC: ANI)
