The Fertiliser Ministry has sought Rs.25000 cr from the Finance Ministry for making subsidy payments to domestic urea manufacturers.
- The govt. had allocated Rs.72,968.56 crore for fertiliser subsidy, out of which Rs.38,200 crore was earmarked for domestic urea.
- It is facing shortage of funds for making payments to domestic urea manufacturers due to subsidy arrears from the previous years.
- The govt. has taken slew of measures to improve the efficiency of urea manufacturers so as to reduce the subsidy bill.
- It has issued revised energy norms under the new urea policy for existing 25 gas based urea plants in the country.
Posted on | The Hindu