Cabinet approves fixation of Nutrient Based Subsidy (NBS) rates for Phosphatic and Potassic (P&K) fertilizers for the year 2020-21

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The Cabinet Committee on Economic Affairs, chaired by Prime Minister Shri Narendra Modi, has given itsapprovalfor fixation of Nutrient Based Subsidy (NBS) rates for Phosphaticand Potassic (P<K Fertilizers during 2020-21 will be Rs. 22,186.55 crore.

The subsidy on the P