Cabinet approves nutrient based fertilizer subsidy for Rabi Season

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Another important message to farmer is that the union cabinet has approved the proposal of the Department of Fertilizers for fixing the Nutrient Based Subsidy (NBS) rates for Rabi Season 2023-24 on P and K fertilizers. An expenditure of Rs 22,303 crore is expected on NBS in the upcoming Rabi season 2023-24, Said by Thakur .  The subsidy for nitrogen will be Rs 47.2 per kg, phosphorus will be Rs 20.82 per kg, potash will be Rs 2.38 per kg, and sulphur will be Rs 1.89 per kg.

The subsidy would be provided to the fertilizer companies as per approved and notified rates so that fertilizers are made available to farmers at affordable prices.

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The subsidy on Di-ammonium Phosphate (DAP) will continue for Rs 4500 per ton. The DAP will be available for Rs 1,350 per bag as per the old rate and will be available at the price of Rs 1,470 per bag.

  Rabi Crops are harvested in the spring season while it is sown in winter. The rabi crops are sown around mid-November. Wheat, barley, oat, peas, potato, tomato, beet, cabbage, alfalfa, garlic, onion, cumin, coriander, fennel, linseed, sunflower, mustard, amaranth, cauliflower are some popular Rabi crops.

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