The Union Cabinet has approved a NBS subsidy of Rs 37,216.15 crore to Kharif 2025 to resolve cheap, concession and affordable rates on P&K fertilizers across the country. Union Minister Ashwini Vaishnav said, “… Prime Minister Modi has not burdened the farmers … The central government has approved the NBS subsidy of Rs 37,216.15 crores to make the DAP price be 1350 per bag …
Addressing the decision, Union Minister Vaishnav said that after Kovid, fertilizer prices have gone up. But Prime Minister Narendra Modi did not allow the burden on the farmers. The DAP price is Rs 1350 per 50 kg story, for which the Government of India will withstand a concession of Rs 37,216 crore, but does not allow the burden on farmers.
Fertilizer is available with an affordable rate
The budget for the 2025 Kharif season is around Rs 37,216.15 crore. This is Rs 13,000 crore more than the budget for the 2024-25 Rabi season. The availability of fertilizer at subsidy, affordable and affordable prices ensures farmers.
Depending on the recent trends of fertilizer and inputs, IE Urea, DAP, MOP and Sulfur’s recent trends, including phosphoric and potassic (P&K) fertilizers, from 01.04.25 to 30.25 to 30.09.25 NBS rates from 01.04.25 to 30.09.25 Determined. Fertilizer companies are subsidized for notified rates so that fertilizers are available to farmers at cheap prices.
Benefit farmers from fertilizer subsidy
Vaishnav said the subsidy decision was huge and it would benefit millions of farmers. Under the NBS subsidy, 28 grades of P&K fertilizers are covered. The prices of these fertilizers are determined by fertilizer manufacturers and importers at a cheap rate. Kharif 2025 needs 180 lakh metric tonnes of P&K fertilizer, for which the government has approved a subsidy of Rs 37,216 crore.
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In another big decision, the Union Cabinet has approved the inclusion of Bihar’s Machi Inter-Stat Link project under the Prime Minister’s Agricultural Irrigation Scheme-Quick Irrigation Benefition Program (PMSK-AIBP). Irrigation and economic benefits are very high from this river joint project, including important disaster management measures. The estimated cost of the project is Rs 6,282.32 crore.
