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Nutrient Based Subsidy rates for P&K fertilizers
April 30 , 2022
970 days
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- The central government announced the Nutrient Based Subsidy (NBS) rates for phosphatic and potassic (P&K) fertilizers.
- The announcement is for this year’s Kharif season which is from April to September 2022.
- It will be increased to Rs 60,939 crore, as against Rs 57,150 crore for the whole of 2021.
- This increase in subsidy will insulate the farmers from the global price increase of di-ammonium phosphate (DAP) and other non-urea nutrients.
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