Modi Boosts Farmers with Fertiliser Subsidy Hike
The Indian Cabinet, led by Prime Minister Narendra Modi, approved increased nutrient-based subsidies on phosphatic and potassic fertilisers for the 2025-26 Rabi season. The initiative, costing Rs 37,952 crore, aims to lower fertiliser costs and boost farmer incomes. Subsidies on phosphorus and sulphur were notably increased.
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- India
In a significant move to support the agricultural sector, the Indian Cabinet, spearheaded by Prime Minister Narendra Modi, has approved enhanced nutrient-based subsidy rates on fertilisers for the 2025-26 Rabi season.
This decision reflects the government's commitment to farmer welfare, as emphasised by Modi, who noted that the subsidies on phosphorus and sulphur have been notably increased. The revised rates are set to provide substantial relief to the farming community, aiming to ensure affordability and boost farmer incomes.
Despite the heightened subsidies on certain elements, the rates for nitrogen and potash remain unchanged. The increased rates will be effective from October 1, 2025, to March 31, 2026, coinciding with the Rabi sowing season for major crops like wheat, mustard seed, and gram.
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