The package includes Nutrient Based Subsidy (NBS) rates for phosphatic and potassic (P&K) fertilisers for the period October 1, 2026, to March 31, 2027. The Union Cabinet on Wednesday approved a fertiliser subsidy package of Rs 62,370 crore for the Rabi 2026-27 season, a 64 per cent increase over the Rs 37,952 crore allocated for the previous Rabi season, with provisions to keep Di-ammonium Phosphate (DAP) available to farmers at a fixed.