Special Correspondent

Domestic units will get nutrients at 85-95 per cent of world price
Production capacity target set at 40 million tonnes by 2012
CCEA leaves urea pricing for new units to Fertiliser Ministry

NEW DELHI: The Union Government on Friday approved a new policy to encourage investment in the urea sector to boost the stagnating production of the crop nutrient and reduce the country's import dependence. The approval was granted by the Cabinet Committee on Economic Affairs (CCEA) on the basis of the recommendations of the Abhijit Sen Committee.