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As on : 09-Apr-2026

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09-Apr-2026 11:15

Fertiliser stocks rise after Cabinet clears higher subsidy for Kharif 2026

The decision is aimed at ensuring affordable supply of key nutrients to farmers.

Following the announcement, fertiliser stocks saw buying interest across the board. Fertilisers and Chemicals Travancore jumped 4.90%, Rashtriya Chemicals and Fertilizers rose 3.19%, National Fertilizers gained 2.76%, Gujarat Narmada Valley Fertilizers & Chemicals rose 2.23%, Zuari Agro Chemicals advanced 1.20%, Gujarat State Fertilizers and Chemicals climbed 1.18%, Deepak Fertilisers & Petrochemicals Corporation rose 0.53%, and Shree Pushkar Chemicals surged 0.49%.

The Cabinet, chaired by Narendra Modi, approved subsidy rates for phosphatic and potassic fertilisers. The rates will be applicable from 1 April 2026 to 30 September 2026.

The government has estimated a budgetary outlay of about Rs 41,533 crore for the season. This is higher than Rs 37,216 crore allocated for Kharif 2025.

The subsidy will cover key fertilisers such as DAP and NPK grades. It will be provided to manufacturers and importers under the nutrient-based subsidy scheme.

The move comes amid volatility in global fertiliser and input prices. The government said the decision will help ensure stable availability at affordable prices.

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