Govt of India has approved the per kg subsidy on nutrients, namely Nitrogen (N), Phosphate (P), Potash (K)and Sulphur (S) contained in P&K fertilizers covered under NBS policy for Kharif 2022 applicable w. e. f. 1st April, 22 to 30th Sept 22.
DAP Subsidy has been increased to Rs.2501 per 50 kg bag, which was Rs.512 per 50 kg bag in 2020-21. GoI has taken a prompt decision to enhance P&K subsidy budget to Rs.60939 Crores for Kharif 2022, compare to last year budget allocation of Rs.57150 Crores in 2021-22.
Product wise subsidy on various grades of P&K fertilizers covered shall be as under: