Current Affairs · Government Schemes

Consider the following facts related to the Nutrient-Based Subsidy (NBS) Scheme for fertilizers approved for Rabi 2025-26: I. The Cabinet approved a subsidy of around ₹38,000 crore for Phosphatic and Potassic (P&K) fertilizers. II. The NBS scheme covers 28 grades of P&K fertilizers. III. The approved subsidy rates are specifically designated per kg for nutrients like Nitrogen (N) and Sulphur (S). IV. Rationalization of subsidies aims to make fertilizers available at affordable prices while promoting balanced fertilizer use. How many of the above statements are correct?