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Cabinet approves Nutrient Based Subsidy rates for Phosphatic and Potassic fertilizers for the year 2016-17

News and Press Release - Dated:- 8-12-2016 - The Cabinet Committee on Economic Affairs chaired by the Prime Minister, Shri Narendra Modi has approved the proposal of half yearly review of Nutrient Based Subsidy (NBS) rates for Phosphatic and Potassic .....

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ed to ensure that any fall in the international prices should be reflected by the fertilizers companies with subsequent reduction in MRPs. (Per Kg subsidy rates in Rs.) Period N (Nitrogen) P (Phosphorus) K (Potash) S (Sulphur) 2nd half of FY 2016-17 .....

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