Cabinet approves 62,370 crore fertiliser subsidy for Rabi 2026–27, a 64% increase over the previous season, to ensure affordable fertiliser availability for farmers. New Delhi: The Union Cabinet on Wednesday…. New Delhi: The Union Cabinet on Wednesday approved a tentative budgetary requirement of Rs 62,370.02 crore for providing subsidies on phosphatic and potassic (P&K) fertilisers during the Rabi 2026-27 season, an increase of Rs 24,417.73 crore over the previous Rabi season.