Q1. On April 8, 2026, the Union Cabinet approved the Nutrient Based Subsidy (NBS) for Kharif 2026 on Phosphatic and Potassic (P&K) fertilizers. What is the total approved amount?
Explanation
The Union Cabinet on April 8, 2026 approved Nutrient Based Subsidy rates worth Rs 41,533.81 crore for Kharif 2026 on P&K fertilizers, with nitrogen at Rs 47.32 per kg, phosphorus at Rs 52.76 per kg, potash at Rs 2.38 per kg and sulphur at Rs 3.16 per kg, covering 28 grades including DAP and MOP.
