economy1 min read
Government Announces NBS Rates for Kharif Season 2026
The Union Cabinet has approved the Nutrient Based Subsidy (NBS) rates for Phosphatic and Potassic (P&K) fertilizers for the Kharif 2026 season.
Key Points for Quick Revision
- Covers Phosphatic and Potassic (P&K) fertilizers.
- Subsidy is fixed based on the nutrient content (N, P, K, S).
- Aims to promote balanced fertilization and soil health.
- Helps in maintaining stable prices for farmers during the sowing season.
Practice Questions
Q1. The Nutrient Based Subsidy (NBS) scheme is primarily applicable to which type of fertilizers?
- Urea only
- P&K fertilizers
- Organic fertilizers only
- Micronutrients only
Explanation: NBS is applicable to Phosphatic and Potassic (P&K) fertilizers. Urea is governed by a separate pricing policy.
Q2. Which of the following nutrients is NOT covered under the NBS scheme?
- Nitrogen
- Potash
- Sulphur
- Iron
Explanation: The NBS scheme covers Nitrogen (N), Phosphorus (P), Potash (K), and Sulphur (S).