- 62,370 crore fertilizer subsidy approved for Rabi season
- 64 percent increase in subsidy compared to previous year
- Inclusion of DAP and NPKS fertilizers in subsidy
New Delhi : The central government has taken a big decision to supply fertilizers for Rabi season crops at affordable rates. The Union Cabinet meeting chaired by Prime Minister Narendra Modi has approved subsidy of Phosphatic and Potassic (P&K) fertilizers for Rabi season 2026-27. A provision of Rs.62 thousand 370.02 crore has been made for this. This year's subsidy has been increased by about 64 percent as compared to the previous rabi season. This decision will help farmers to get access to various fertilizers including DAP and NPKS at subsidized rates.
An increase of 24 thousand crores over the previous year
This subsidy, approved by the Union Cabinet, will be applicable for a period of six months from 1 October 2026 to 31 March 2027. In the previous rabi season 2025-26, a provision of Rs 37 thousand 952.29 crore was made for fertilizer subsidy. This year there has been an increase of 24 thousand 417.73 crore rupees. This decision has been taken keeping in mind the changes in the prices of fertilizers and raw materials in the international market.
Including DAP and NPKS fertilizers
The subsidy includes di-ammonium phosphate (DAP) as well as various grades of nitrogen, phosphorus, potassium and sulfur (NPKS) fertilizers. The rates of subsidy have been fixed considering the international prices of Urea, DAP, Murate of Potash (MOP) and Sulphur. Under this scheme, subsidy will be given to fertilizer manufacturers and importer companies as per approved rates. Therefore, the government is trying to provide fertilizers at affordable prices to the farmers.
Also Read: New Jewelry Trend In Men's Fashion! Increasing preference for chains, bracelets and rings in daily use
5 thousand crores provision for Mudra Yojana also
Meanwhile, the Union Cabinet has extended the credit guarantee fund for micro enterprises under the Pradhan Mantri Mudra Yojana for the next five years. A fund of Rs 5000 crore has been sanctioned for this purpose and this facility will continue till 31 March 2031. Through this, it is estimated that credit guarantee will be available for currency loans worth about Rs. 12.6 lakh crore in the next five years. The cabinet has taken two important decisions, on the one hand, a big increase in fertilizer subsidy for farmers, and on the other hand, loan guarantee facility for small entrepreneurs.