# Rabi fertiliser subsidy 2026-27: NBS rates per kg, outlay up 64%

> India's Union Cabinet approved a tentative Rs 62,370 crore nutrient-based subsidy budget for P&K fertilisers for the Rabi 2026-27 season, covering October 2026 to March 2027. The outlay is about 64% higher than the Rs 37,952 crore set for Rabi 2025-26. Per-kg subsidy rates rise sharply for nitrogen and sulphur, while potash is unchanged.

- Date: 2026-11-12 · published 2026-11-13T00:17:06.388Z
- Category: policy · region India · magnitude medium
- Page: https://feedsoft.ai/events/96735-rabi-fertiliser-subsidy-2026-27-nbs-rates-per-kg-outlay-up-64
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Urea](https://feedsoft.ai/c/UREA.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Higher subsidies support Indian fertiliser demand and imports of DAP, urea and potash at elevated international prices, tightening phosphate and nitrogen supply. The government cited West Asia and Russia-Ukraine pressures on input prices, which points to firmer fertiliser costs for feed-grain producers.

## Read by commodity

- DAP: bullish ▲
- CORN: neutral
- UREA: bullish ▲
- POTASH: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DAP | 2021-05-06 | [Kisan Card subsidy plan may trigger fertiliser sales - Newspaper - DAWN.COM](https://feedsoft.ai/events/7724-kisan-card-subsidy-plan-may-trigger-fertiliser-sales-newspaper-dawn-com.md) | +1.8% | +6.6% |
| DAP | 2022-04-27 | [Cabinet clears higher subsidy for non-urea fertilisers  - The Hindu](https://feedsoft.ai/events/42150-cabinet-clears-higher-subsidy-for-non-urea-fertilisers-the-hindu.md) | -7.9% | -9.4% |
| DAP | 2026-04-08 | [India raises fertiliser subsidy as US-Iran war lifts global prices \| Reuters](https://feedsoft.ai/events/9774-india-raises-fertiliser-subsidy-as-us-iran-war-lifts-global-prices-reuters.md) | +2.8% | +5.2% |
| DAP | 2022-01-28 | [EXCLUSIVE India plans over $40 billion for food, fertiliser subsidy for 2022/23 - sources \| Reuters](https://feedsoft.ai/events/43458-exclusive-india-plans-over-40-billion-for-food-fertiliser-subsidy-for-2022-23.md) | -0.6% | +19.5% |
| DAP | 2022-04-27 | [India approves $8 bln subsidy for phosphate-based fertilizers](https://feedsoft.ai/events/42147-india-approves-8-bln-subsidy-for-phosphate-based-fertilizers.md) | -7.9% | -9.4% |
| UREA | 2026-04-08 | [India raises fertiliser subsidy as US-Iran war lifts global prices \| Reuters](https://feedsoft.ai/events/9774-india-raises-fertiliser-subsidy-as-us-iran-war-lifts-global-prices-reuters.md) | +1.6% | -12.0% |
| UREA | 2022-01-28 | [EXCLUSIVE India plans over $40 billion for food, fertiliser subsidy for 2022/23 - sources \| Reuters](https://feedsoft.ai/events/43458-exclusive-india-plans-over-40-billion-for-food-fertiliser-subsidy-for-2022-23.md) | -4.8% | +5.2% |
| UREA | 2022-02-14 | [Fertiliser subsidy going to be three times higher \| The Business Standard](https://feedsoft.ai/events/43008-fertiliser-subsidy-going-to-be-three-times-higher-the-business-standard.md) | -3.8% | +38.2% |

## Sources

- peepalsglobal.com: https://peepalsglobal.com/business/article/rabi-fertiliser-subsidy-2026-27-nbs-rates-per-kg-2026-11-12

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.