Cabinet approves nutrient-based subsidy on phosphatic, potassic fertilisers
This story was originally published at 17:48 IST on 28 March 2025
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--Cabinet OKs INR 372.16 bln fertiliser subsidy for Kharif 2025
MUMBAI – The Union Cabinet has approved the proposal of the Department of Fertilizers for fixing the nutrient-based subsidy rates for the kharif season of 2025, effective from Apr.1 to Sept. 30 on phosphatic and potassic fertilisers, an official release said on Friday.
The budgetary requirement for kharif season of 2025 would be around INR 372.16 billion, approximately INR 130 billion more than the budgetary requirement of rabi 2024-25 season.
The subsidy would be provided to fertiliser companies as per the approved rates to ensure smooth availability of these fertilisers to the farmers at affordable prices, the release said. The government is providing 28 grades of phosphatic and potassic fertiliers to farmers at subsidised prices through fertiliser manufacturers and importers, the release said. End
Reported by Ashutosh Pati
Edited by Deepshikha Bhardwaj
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