Agriculture boost: Cabinet clears NBS rates for Rabi 2025-26; Rs 37,952 crore subsidy to ensure affordable fertilisers
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the Nutrient Based Subsidy (NBS) rates for the Rabi season 2025-26 on Phosphatic and Potassic (P&K) fertilisers.The decision was announced by Union minister Ashwini Vaishnaw at a cabinet press briefing held on Tuesday. The approved rates will be effective from October 1, 2025, to…