Union Cabinet has approved the
Nutrient-Based Subsidy (NBS) rates for phosphatic and potassic fertilizers for
the Kharif season 2026 (April 1, 2026 – September 30, 2026)
Union Cabinet has approved the Nutrient-Based Subsidy
(NBS) rates for the Kharif Season 2026 (1 April 2026 – 30 September 2026) on
Phosphatic and Potassic (P&K) fertilizers.The government has increased
subsidy rates by around 12% for Kharif 2026 to offset rising international
fertilizer prices driven by geopolitical disruptions such as the West Asia
crisis.Revised per kg subsidy rates are ₹47.32 for Nitrogen (N), ₹52.76 for
Phosphorus (P), ₹2.38 for Potash (K) (unchanged), and ₹3.16 for Sulphur (S),
applicable to P&K fertilizers including DAP, MOP, and NPKS complexes.
Rationale for Revision of NBS Rates
¨ Global Price Volatility:
Rising international prices of key inputs such as DAP, MOP, urea, and sulphur,
coupled with supply disruptions due to geopolitical tensions, necessitated
subsidy revision.
¨ Farmer Protection: The
government acts as a price shock absorber to shield farmers from fluctuations
in global fertilizer markets.
¨
Balanced Fertilization
Imperative: The revision aims to address declining crop productivity and
correct soil nutrient imbalance caused by excessive urea usage.
¨
Food Security Concerns:
Ensuring adequate and stable fertilizer availability is essential to sustain
agricultural output and national food security.
¨ Subsidy Rationalisation:
The adjustment aligns subsidy levels with global trends while maintaining
fiscal prudence.
Key Benefits of NBS Revision
¨
Affordable Access:
Ensures fertilizers are available to farmers at subsidized and reasonable
prices.
¨
Balanced Nutrient Use:
Promotes the application of Nitrogen (N), Phosphorus (P), Potash (K), and
Sulphur (S) in appropriate proportions.
¨ Soil Health Improvement:
Encourages the use of secondary and micronutrient-enriched fertilizers to
restore soil fertility.
¨
Farmer Empowerment:
Enables farmers to make informed choices based on crop needs and soil
conditions.
¨ Market Efficiency:
Fosters competition among fertilizer companies while promoting innovation and
product diversification.
¨ Supply Stability: Ensures
the timely availability of fertilizers during the critical Kharif season.
Nutrient-Based Subsidy (NBS) Scheme
¨ The Government of India
introduced the Nutrient-Based Subsidy (NBS) Scheme on 1 April 2010 for
phosphatic and potassic (P&K) fertilizers.
¨
Under NBS, a fixed
subsidy is provided based on nutrient content (per kg of Nitrogen (N),
Phosphorus (P), Potassium (K), and Sulphur (S)), covering fertilizers like DAP
and NPKS grades.
¨
Subsidy rates are revised
annually or biannually.
¨ Coverage and Scope: The
scheme covers 28 grades of P&K fertilizers, including DAP, MAP, MOP, TSP,
SSP, complex fertilizers, and micronutrient-fortified variants.
¨
Pricing and Market
Structure: It operates under a decontrolled regime where companies fix MRP
(market-linked pricing) while the government monitors prices to prevent
excessive increases.
¨
Subsidy Mechanism:
Subsidy is paid to manufacturers and importers, which is then passed on to
farmers through reduced retail prices.
¨ Institutional Mechanism:
Subsidy rates are determined by the Department of Fertilizers based on recommendations
of the Inter-Ministerial Committee (IMC).
¨ Distribution and
Regulation: Fertilizer movement is tracked through the Fertilizer Monitoring
System, with partial control under the Essential Commodities Act, 1955, and
imports allowed under the Open General License.
Fertilizers
¨
Fertilizers are
concentrated plant nutrients made from inorganic chemicals, used to supply
essential elements required for proper plant growth.
¨
They contain nutrients in
higher concentrations than organic manure, are applied in smaller quantities,
and are readily available for plant uptake, though some may be lost through
leaching or runoff.
¨ Based on composition,
fertilizers are classified as sole fertilizers, mixed fertilizers, and
micronutrient fertilizers.
Current Fertilizer Scenario in India
¨
India is the
second-largest producer and consumer of fertilizers globally, after China.
¨
It is one of the
country’s eight core industries.
¨
India produces key
fertilizers such as Urea, DAP (Diammonium Phosphate), NP and NPK Complex
Fertilizers, Ammonium Sulphate, Potash, and Single Super Phosphate (SSP).
¨
Around 87% of urea
consumption is domestically met.
¨
90% of NPK Fertilizers
are also produced within the country.
¨
However, for DAP, only
about 40% comes from local production.
¨
In the case of Muriate of
Potash (MOP), 100% is still imported.