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    <title>Cabinet approves fixation of Nutrient Based Subsidy rates for Phosphatic and Potassic (P&amp;K) fertilizers for the year 2018-19</title>
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    <description>Approval fixes Nutrient Based Subsidy (NBS) rates per kilogram for nutrient components of P&amp;K fertilizers for 2018-19 and records the expected financial outlay to support subsidy payments. It grants ex post facto approval for subsidy payments on specified P&amp;K quantities received in February-March of prior years where lower next year rates were applied, and authorises the Department of Fertilizers, with the Department of Expenditure, to release subsidies at the lower of current year or next year rates for specified categories/quantities received in those months.</description>
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