Current Affairs · Government Policy and Schemes
With reference to the Nutrient Based Subsidy (NBS) rates for the Kharif Season 2026 approved by the Cabinet, which of the following statements is correct?
- 1The government provides subsidies for only 10 grades of Phosphatic and Potassic (P&K) fertilizers under this scheme.
- 2The Nutrient Based Subsidy (NBS) scheme for P&K fertilizers was officially introduced in April 2020.
- 3The tentative budgetary requirement for Kharif 2026 is approximately Rs. 4,317 crore less than that of Kharif 2025.
- 4The approved subsidy rates will be applicable for the period from April 1, 2026, to September 30, 2026.✓
Correct answer
The approved subsidy rates will be applicable for the period from April 1, 2026, to September 30, 2026.
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