Union Budget 2026–27 : Continued Commitment to Affordable Fertilizers and Farmer Support

• Department of Fertilizers (Ministry of Chemicals & Fertilizers) received a net budgetary allocation of ₹1.71 lakh crore in the Union Budget 2026–27 to keep fertilizers affordable for farmers.
• Funding flows mainly through two channels: Urea Subsidy (statutorily controlled price) and the Nutrient Based Subsidy (NBS) for P&K fertilizers.
• Examinable for GS-III (Agriculture, Subsidies, Food Security) and Prelims (Schemes, Economic Survey/Budget facts).