<h1>Government Approves Nutrient Based Subsidy Rates for 2018-19 to Support Farmers Amid Rising Fertilizer Costs.</h1> The Cabinet Committee on Economic Affairs, led by the Prime Minister, approved the Nutrient Based Subsidy (NBS) rates for Phosphatic and Potassic fertilizers for 2018-19. The subsidy rates per kilogram are set at Rs. 18.901 for Nitrogen, Rs. 15.216 for Phosphorus, Rs. 11.124 for Potash, and Rs. 2.722 for Sulphur. The expected subsidy expenditure for these fertilizers is Rs. 23,007.16 crore. The government aims to provide fertilizers at subsidized prices to farmers, increasing the subsidy by Rs. 1,913.07 crore from the previous year to mitigate rising international prices.