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Home > News > Proposal to free urea prices gets GoM nod > Proposal to free urea prices gets GoM nod

Proposal to free urea prices gets GoM nod [1]

An empowered group of ministers (EGoM) under Finance Minister Pranab Mukherjee has cleared the proposal to free the prices of urea and bring it under the Nutrient Based Subsidy (NBS) policy. The government has decided to raise urea prices by 10 per cent in the first year of the policy, after which the industry would be free to determine the prices.

Publication Date: 
06/08/2011
Business Standard (New Delhi) [2]
Tags:
Chemical Fertilisers [3], Subsidies [4], Chemical Industry [5], Rashtriya Chemicals And Fertilisers (RCF) [6], Zuari Agro Chemicals [7]
Centre for Science and Environment
National Knowledge Commission Government of India

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Source URL: http://admin.indiaenvironmentportal.org.in/news/proposal-free-urea-prices-gets-gom-nod

Links:
[1] http://admin.indiaenvironmentportal.org.in/news/proposal-free-urea-prices-gets-gom-nod
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/business-standard-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/chemical-fertilisers
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/subsidies
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/chemical-industry
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/rashtriya-chemicals-and-fertilisers-rcf
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/zuari-agro-chemicals