HomeNewsBusinessCNBC-TV18 CommentsUrea policy on hold after Budget boost mandating changes
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Urea policy on hold after Budget boost mandating changes

CNBC-TV18's Ronojoy Banerjee learns that owing to proposals to remove customs duty on urea equipments and reduction of interest rate paid by manufacturers to government on foreign loans to 5%, the fertilizer department may have overestimated the cost assumptions in the urea policy.

March 29, 2012 / 01:52 IST
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The new urea investment policy that the empowered group of ministers (EGoM) cleared last month may be up for some minor tinkering following the announcements in the Budget.


CNBC-TV18
TAGS: #Budget 2012 #CNBC-TV18 Comments #customs duty #fertilizer subsidy #subsidy #urea policy
first published: Mar 28, 2012 08:02 pm

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