Active Stocks
Thu Mar 28 2024 15:59:33
  1. Tata Steel share price
  2. 155.90 2.00%
  1. ICICI Bank share price
  2. 1,095.75 1.08%
  1. HDFC Bank share price
  2. 1,448.20 0.52%
  1. ITC share price
  2. 428.55 0.13%
  1. Power Grid Corporation Of India share price
  2. 277.05 2.21%
Business News/ Politics / News/  India approves new fertilizer policy
BackBack

India approves new fertilizer policy

India approves new fertilizer policy

Premium

Reuters

New Delhi: India’s cabinet has approved a new fertilizer policy, the minister for chemicals and fertilisers, Ram Vilas Paswan told reporters on 26 June.

“It has been approved," he said on the sidelines of a conference, but did not elaborate.

India, the world’s third-largest consumer of fertilizers, needs 27.3 million tonnes of urea annually but production has been stagnating at about 20 million tonnes.

In December, Paswan said the government wanted to revive production from idling plants and reduce imports.

On 25 June, the oil ministry said that urea plants would be given top priority in receiving natural gas from new fields.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Politics News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 26 Jun 2008, 03:05 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App