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Nutrient Based Subsidy (NBS) Scheme

Nutrient Based Subsidy (NBS) Scheme:

The Union Cabinet has approved the proposal of the Department of Fertilizers for revision in Nutrient Based Subsidy (NBS) rates for various nutrients for Rabi Season and Kharif Season 2023.

  • Nutrient Based Subsidy (NBS) rates has been confirmed for various nutrients i.e. Nitrogen (N), Phosphorus (P),Potash (K) and Sulphur (S) for Rabi Season 2022-23 and for Kharif Season, 2023 for Phosphatic and Potassic (P&K) fertilizers.
    Nutrient Based Subsidy Scheme:
  • The Subsidy on P&K fertilizers is governed by NBS Scheme under the Department of Fertilizers since 2010.
  • Subsidy is fixed by an inter-ministerial committee taking into account the benchmark international prices of finished fertilisers as well as raw materials.
  • The subsidy is given to registered to P & K fertiliser manufacturers/importers which provides these fertilisers at subsidised rates to farmers.