New Delhi, March 28 -- The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved nutrient-based subsidy (NBS) rates for phosphatic and potassic (P&K) fertilisers for the Kharif 2025 season, covering April 1 to September 30.

The decision aims to keep essential fertilisers affordable for farmers while ensuring a steady supply.

Additionally, the existing freight subsidy on single super phosphate (SSP) has been extended.

The move supports balanced nutrient application, contributing to soil health and improved agricultural yields.

The government emphasised that the subsidy approval underscores its commitment to the agriculture sector and Indian farmers.

Taking into account global price fluctuations in key fertiliser inputs ...