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.
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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:
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