- Big gift to farmers ahead of PM Kisan's 25th installment!
- The government will give as much as 62 thousand crores for this
- What special decision for farmers?
Central Government Subsidy : Ahead of the 25th installment of Pradhan Mantri Kisan Yojana, the government has given a big gift to the farmers. On Wednesday, November 11, the Union Cabinet made a major announcement in this regard. Accordingly, now the farmers will get a big benefit. What exactly is the scheme and how exactly will it benefit the farmers? )
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What special decision for farmers?
The Union Cabinet chaired by Prime Minister Narendra Modi has taken an important decision. Approved fertilizer subsidy of Rs 62,370 crore for Rabi season. The 24th installment of Kisan Yojana was distributed on October 30. Fertilizer Department's proposal to fix nutrient based subsidy (NBS) rates on Phosphatic and Potassic (P&K) fertilizers for Rabi season 2026-27 (October 2026 to March 31, 2027) has been approved. In addition, approval has also been given for a Rs 5,000 crore trust fund under the Mudra scheme and a Rs 3,230 crore project to develop the 'Museum of Ageless India' in New Delhi.
What did Ashwini Vaishnav explain?
Union Information and Broadcasting Minister Ashwini Vaishnav clarified to reporters after the meeting that the Cabinet has approved a subsidy of Rs 62,370 crore for P&K Fertilizers. He added that the crisis in West Asia and the Russia-Ukraine war have caused a huge increase in fertilizer prices. The minister said that, however, the government has protected the interests of farmers by providing adequate fertilizer subsidy.
Explaining this further, he explained that the government has protected the interests of farmers by providing adequate fertilizer subsidy. The Modi government has provided a safety net to farmers from geopolitical instability. Vaishnav said that the price of DAP (di-ammonium phosphate) will remain at Rs 1,350 per 50-kg bag.
Subsidy on P&K fertilizers including DAP and NPKS i.e. Nitrogen, Phosphorus, Potash and Sulfur categories will be based on approved rates for Rabi season 2026-27. He also said that the aim behind this is to make these nutrients easily available to the farmers at an affordable price.
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