Cabinet approves rabi fertiliser subsidy for 2026-27
In short
The Cabinet has approved Nutrient-Based Subsidy rates for the rabi 2026-27 season.
Prime Minister Narendra Modi said the plan is meant to protect farmers from changing global fertiliser prices. The total budget is about Rs 62,370 crore.
What the reporting says
Prime Minister Narendra Modi said farmers remain a top priority as the Cabinet approved Nutrient-Based Subsidy rates for the upcoming rabi 2026-27 season. The decision is meant to protect farmers from fluctuating international fertiliser prices and support affordability. The government said the total budget required is about Rs 62,370 crore, a sharp increase from the previous season.
Why it matters
Prime Minister Narendra Modi said farmers remain a top priority as the Cabinet approved Nutrient-Based Subsidy rates for rabi 2026-27. The stated aim is to shield farmers from fluctuating international fertiliser prices and keep inputs affordable. The government said the budget requirement is about Rs 62,370 crore, which raises the fiscal commitment for the coming season.