CCEA extends length of recent urea coverage from April 1 this yr until additional discover
“Cupboard Committee on Financial Affairs, chaired by Prime Minister Narendra Modi has authorised the proposal of the Division of fertilisers to increase the length of New Urea Coverage-2015 from April 1, 2019 until additional orders, aside from the provisions which stand already amended vide notification dated March 28, 2018,” an offCCEA,urea,narendra Modiicial assertion stated.
The vitality norms of urea crops have been revised in March final yr.
The extension of the coverage would facilitate in continuation of operations of urea crops and guarantee common provide of urea to the farmers.
In 2015, the Union Cupboard authorised a complete New Urea Coverage-2015 for the subsequent 4 monetary years. The coverage is aimed toward maximising indigenous urea manufacturing and selling vitality effectivity in urea models to cut back the subsidy burden on the federal government.
India imported round 59.75 lakh tonnes of urea in 2017-18 fiscal yr to satisfy the home demand. The nation produces round 250 lakh tonnes of urea yearly.