SchemesThursday, 9 April 2026·https://testbook.com/current-affairs/09-april-2026-daily-current-affairs
Cabinet approves NBS rates for Kharif 2026 on 28 grades of P&K fertilizers
The Union Cabinet approved Nutrient Based Subsidy rates for 28 grades of phosphatic and potassic fertilizers for Kharif 2026.
Key highlights
Direct fact
For the Kharif season 2026, the Union Cabinet approved Nutrient Based Subsidy (NBS) rates for phosphatic and potassic fertilizers, effective from 1 April 2026 to 30 September 2026.
Key specifics
- The tentative budgetary requirement for Kharif 2026 is ₹41,533.81 crore.
- The allocation is about ₹4,317 crore higher than the Kharif 2025 budget of ₹37,216.15 crore.
- The subsidy covers 28 grades of P&K fertilizers, including Diammonium Phosphate (DAP) and NPKS grades.
- The scheme was launched on 1 April 2010 and is administered by the Department of Fertilizers under the Ministry of Chemicals and Fertilizers.
- Subsidy is paid directly to fertilizer manufacturers and importers to keep nutrients affordable for farmers.
Exam lens
MCQ focus: NBS launch year, budget amount, coverage of 28 grades, nodal department; TNPSC may ask why NBS replaced the fixed-subsidy regime.