Official announcement released by Government of India via Press Information Bureau (PIB). The Union Cabinet chaired by the Prime Minister Shri Narendra Modi today has approved the Nutrient Based Subsidy (NBS) rates for RABI Season, 2026-27 (from 01.10.2026 to 31.03.2027) on. The Union Cabinet approved nutrient-based subsidies for P&K fertilisers for the 2026-27 rabi season, with a tentative budget of Rs.