Nutrient bases subsidy scheme is to ensure balanced use of fertilizers and to improve agriculture productivity. The major features of NBS are:
Under the NBS Policy, a fixed amount of subsidy decided on annual basis isprovided on each grade of the subsidized Phosphatic & Potassic (P&K) fertilizersdepending upon its nutrient content.Minimum Retail Price (MRP) of P&K fertilizers has been left open and the manufacturers/importers/ marketers are allowed to fix MRP of P&K fertilizers atreasonable level. MRP will be decided taking into account the international and domestic prices ofP&K fertilizers, exchange rate, and inventory level in the country. 22 grades of P&K fertilizers namely DAP, MAP, TSP, MOP, Ammonium Sulphate, SSPand 16 grades of NPKS (Nitrogen (N), Phosphate (P), Potash (K) and Sulphur (S).complex fertilizers are covered under the NBS Policy.
