<h1>Cabinet Extends Nutrient Based Subsidy Rates for Fertilizers to Boost Farmer Income and Crop Yields.</h1> The Cabinet Committee on Economic Affairs, led by the Prime Minister, approved a half-yearly review of the Nutrient Based Subsidy rates for Phosphatic and Potassic fertilizers for 2016-17, extending existing rates until the end of the financial year. The decision aims to benefit farmers by reflecting any decrease in international prices through reduced Maximum Retail Prices (MRPs) by fertilizer companies. In July 2016, the prices of Muriate of Potash, Di-Ammonium Phosphate, and Complex fertilizers were reduced, encouraging increased consumption and balanced fertilization, ultimately enhancing crop yields and farmer income.