Cabinet approves ₹62,370 crore subsidy for rabi 2026-27 as global input costs surge; sulphur gets the steepest hike, while industry expects relief for complex fertiliser prices. With global non-urea fertiliser prices remaining elevated despite prospects of easing tensions in West Asia, Union Cabinet on Tuesday sharply raised per-kilogram (kg) subsidy rates under the nutrient-based subsidy (NBS) regime for the rabi 2026-27 season, compared with both kharif 2026-27 and rabi 2025-26.