New Delhi, November 2025:The latest ICRA Fertilizer Industry Report Q3 2025 projects a stable outlook for India’s fertilizer sector in FY 2026, supported by higher nutrient-based subsidy (NBS) rates for phosphate and sulphur. However, DAP imports will continue to be loss-making due to elevated international prices and inadequate subsidy coverage. (more…)
The Government of India has included Ammonium Sulphate under the Nutrient Based Subsidy (NBS) Scheme for the Rabi 2025–26 season, marking a major expansion in India’s fertilizer policy.This decision, announced by the Department of Fertilizers, aims to make sulphur-rich fertilizers more affordable and promote balanced nutrient use among farmers. Ammonium (more…)
Fertilizer Subsidy in India continues to protect millions of farmers from global price shocks. Union Agriculture Minister Shivraj Singh Chouhan said that under Prime Minister Narendra Modi’s leadership, the government prevented international fertilizer price surges from burdening Indian farmers. “A bag of urea still costs just ₹266 and DAP ₹1,350 (more…)
The Union Cabinet, under the leadership of Prime Minister Shri Narendra Modi, has approved the Nutrient Based Subsidy (NBS) rates for Phosphatic and Potassic (P&K) fertilizers for the upcoming Rabi Season 2024. This important decision, proposed by the Ministry of Chemicals & Fertilizers, ensures that farmers will have access to (more…)
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