Cabinet Approves Nutrient Based Subsidy (NBS) Rates for Kharif 2025

On 28th March 2025, the Union Cabinet approved Nutrient Based Subsidy (NBS) rates for the Kharif 2025 season (April 1 – September 30) to ensure affordable access to phosphatic and potassic (P&K) fertilizers, including NPKS grades, for farmers.

Key Points

Budget Allocation: Rs. 37,216.15 crore, an increase of Rs. 13,000 crore from the Rabi 2024-25 season.
Price Stability: Farmers will receive fertilizers at reasonable rates despite global price fluctuations.
Freight Subsidy: Extended for Single Super Phosphate (SSP) to reduce costs further.
Subsidy Mechanism: Government provides subsidies directly to fertilizer manufacturers and importers.
NBS Scheme: In effect since April 1, 2010, covering 28 grades of P&K fertilizers.