# NBS Rates for Rabi 2026-27: Rs 62,370 Crore Fertiliser Subsidy Approved; What Farmers Should Know

> On November 11, 2026, India approved Nutrient-Based Subsidy rates for phosphatic and potassic fertilisers for the Rabi 2026-27 season, valid October 1, 2026 to March 31, 2027. The tentative outlay is about Rs 62,370 crore, over 64% above the prior Rabi season, and DAP is priced at Rs 1,350 per bag.

- Date: 2026-11-13 · published 2026-11-13T12:12:22.702Z
- Category: policy · region India · magnitude medium
- Page: https://feedsoft.ai/events/97710-nbs-rates-for-rabi-2026-27-rs-62-370-crore-fertiliser-subsidy-approved-what
- Commodities: [DAP](https://feedsoft.ai/c/DAP.md), [Potash (KCl)](https://feedsoft.ai/c/POTASH.md)

## Why it matters

A much larger subsidy outlay supports Indian demand for phosphate and potash fertilisers by keeping farm-gate prices affordable, which can support import demand and global phosphate prices.

## Read by commodity

- DAP: bullish ▲
- POTASH: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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% |
| 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 | 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 | 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 | 2021-05-30 | [How govt prevented a farming crisis by increasing DAP fertiliser subsidy as global prices soar](https://feedsoft.ai/events/6420-how-govt-prevented-a-farming-crisis-by-increasing-dap-fertiliser-subsidy-as.md) | +3.7% | +5.4% |

## Sources

- etvbharat.com: https://www.etvbharat.com/en/business/nbs-rates-for-rabi-2026-27-rs-62370-crore-fertiliser-subsidy-approved-what-farmers-should-know-enn26111303291

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