The Cabinet Committee on Economic Affairs, chaired by Prime Minister Shri Narendra Modi has approved the proposal of the Department of Fertilizers for fixation of Nutrient Based Subsidy Rates for P&K Fertilizers for the year 2021-22(till the present season).
- The subsidy for N (Nitrogen) is Rs 18.789 per kg, P (Phosphorous) Rs 45.323 per kg, K (Potash) Rs 10.116 per kg and S (Sulphur) Rs 2.374 per kg.
- Government of India is making available fertilizers, namely Urea and 22 grades of P&K fertilizers (including DAP) to farmers at subsidized prices through fertilizer manufacturers/ importers.
- The subsidy on P&K fertilizers is being governed by NBS (Nutrient Based Subsidy) Scheme w.e.f. 01.04.2010.
- Gol has increased the subsidy rates under NBS Scheme as a special package for farmers in such a way that MRP of DAP (including other P&K fertilisers) can be kept at the last year’s level till the present Kharif season.
