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    <title>Cabinet approves Nutrient Based Subsidy rates for Phosphatic and Potassic fertilizers for the year 2016-17</title>
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    <description>Nutrient Based Subsidy rates for phosphatic and potassic fertilizers are rolled over for the second half of the financial year, maintaining per kg subsidy levels for N, P, K and S for October-March, and continuing the existing subsidy framework for farmers for that period. The approval requires that any fall in international fertilizer prices be reflected by fertilizer companies through reductions in maximum retail prices for P&amp;K fertilizers.</description>
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      <description>Nutrient Based Subsidy rates for phosphatic and potassic fertilizers are rolled over for the second half of the financial year, maintaining per kg subsidy levels for N, P, K and S for October-March, and continuing the existing subsidy framework for farmers for that period. The approval requires that any fall in international fertilizer prices be reflected by fertilizer companies through reductions in maximum retail prices for P&amp;K fertilizers.</description>
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