Gorakhpur, Sindri units of FCIL to be revived -Governance Now

Gorakhpur, Sindri units of FCIL to be revived

Cabinet approval has also been obtained for setting up of new ammonia urea complex at Namrup within premises of BVFCL

GN Bureau | February 13, 2017

#PSU #FCIL #HFCL #revival #cabinet #BVFCL #urea #fertiliser

The cabinet approval has been obtained to revive the Gorakhpur, Sindri units of Fertilizer Corporation of India Limited (FCIL) and Baruni unit of Hindustan Fertiliser Corporation Limited (HFCL), said union minister of chemicals and fertilizers Ananth Kumar.

He said that cabinet approval has also been obtained for setting up of new ammonia urea complex at Namrup within existing premises of Brahmaputra Valley Fertilizers Corporation Limited. Further, the Talcher plant will be the first ever unit to be revived based on the coal gasification technology, he added.

The minister said that the government has taken key measures to make the country self-sufficient in urea and other fertilizers and is promoting energy efficiency in urea production, maximizing indigenous urea production, timely import of urea and other fertilizers, prepositioning of fertilizers with the states during lean season to ensure adequate supply in the season and rationalizing the subsidy.

Indigenous urea as well as imported urea have been neem coated. This has resulted in an increase in farm yield with less urea required and helped check black marketing and hoarding of urea, he added.

The minister said that the overall budget allocation for the department of fertilizer for the year 2017-18 is Rs 74,235 crore. He added that fertilizers, along with power, has been the torchbearer of achievement of this Government. It has been one of the fastest growing sectors in the last quarter.

Comments

Other News

‘Oral cancer deaths in India cause productivity loss of 0.18% GDP’

A first-of-its-kind study on the economic loss due to premature death from oral cancer in India by the Tata Memorial Centre has found that this form of cancer has a premature mortality rate of 75.6% (34 premature events / 45 total events) resulting in productivity loss of approximately $5.6 billion in 2022

Days of Reading: Upendra Baxi recalls works that shaped his youth

Of Law and Life Upendra Baxi in Conversation with Arvind Narrain, Lawrence Liang, Sitharamam Kakarala, and Sruti Chaganti Orient BlackSwan, Rs 2,310

Voting by tribal communities blossoms as ECI’s efforts bear fruit

The efforts made by the Election Commission of India (ECI), over last two years, for inclusion of Particularly Vulnerable Tribal Groups (PVTG) communities and other tribal groups in the electoral process have borne fruit with scenes of tribal groups in various states/UTs participating enthusiastically in t

GST revenue for April 2024 at a new high

The gross Goods and Services Tax (GST) collections hit a record high in April 2024 at ₹2.10 lakh crore. This represents a significant 12.4% year-on-year growth, driven by a strong increase in domestic transactions (up 13.4%) and imports (up 8.3%). After accounting for refunds, the net GST

First Magahi novel presents a glimpse of Bihar bureaucracy a century ago

Fool Bahadur By Jayanath Pati (Translated by Abhay K.) Penguin Modern Classics, 112 pages, Rs 250 “Bab

Are EVs empowering India`s Green Transition?

Against the backdrop of the $3.5 billion Production-Linked Incentive (PLI) scheme launched by the Government of India, sales of Electric Vehicles (EVs) are expected to grow at a CAGR of 35% by 2032. It is crucial to take into account the fact that 86% of EV sales in India were under the price bracket of $2