KRIBHCO has welcomed the Union Cabinet’s approval of Rs 62,370.02 crore in fertilizer subsidies for the Rabi 2026-27 season, describing the decision as an important step towards ensuring affordable fertilizer availability for farmers.
In a tweet, the cooperative said the decision under the leadership of Prime Minister Narendra Modi would support farmers and strengthen the country’s agricultural sector.
The Cabinet has approved Nutrient Based Subsidy (NBS) rates for Phosphatic and Potassic (P&K) fertilizers, including DAP and NPKS grades, for the period October 1, 2026, to March 31, 2027.
The budgetary provision is Rs 24,417.73 crore higher than the Rs 37,952.29 crore allocated for the previous Rabi season.
The subsidy will be provided to fertilizer companies according to approved rates, enabling farmers to access fertilizers at affordable prices despite fluctuations in international fertilizer and input costs.
