The Economic Times

Cabinet okays National Investment Policy to add fresh 10 million tonnes urea capacity

The government approved a new urea investment policy to establish new gas-based plants. This policy aims to create additional urea production capacity of ten million tonnes. It seeks to make India completely self-reliant in the widely consumed fertilizer. The new framework revises the 2012 policy with updated investment incentives. These measures will encourage new investments in the domestic urea manufacturing sector.