Q1. With reference to the Nutrient Based Subsidy (NBS) rates for Kharif 2026 approved by the Union Cabinet, which of the following is correct?
Explanation
The Cabinet approved approximately Rs 41,533.81 crore for Kharif 2026 NBS covering 28 grades of P&K fertilizers (DAP, MAP, MOP, TSP, SSP, complex and fortified variants) valid 1 April to 30 September 2026. The scheme does not replace MSP and is administered by the Department of Fertilizers, Ministry of Chemicals & Fertilizers. Subsidy is paid to manufacturers/importers through DBT after authenticated point of sale, not to farmers before sale.
