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    HomeNewsBusinessCommerce Ministry permits RCF, NFL to import urea for three months

    Commerce Ministry permits RCF, NFL to import urea for three months

    In addition to the existing STEs, "RCF and NFL are permitted to import urea only for three months with effect from the date of this notification," the directorate general of foreign trade said in a notification.

    September 27, 2017 / 09:32 IST
    Shree Pushkar Chemicals & Fertilisers Q1 | Profit at Rs 1.01 crore versus Rs 6.35 crore, revenue at Rs 63.8 crore versus Rs 92.1 crore YoY. (Image: Reuters)
       
       
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      The commerce ministry said it has allowed Rashtriya Chemicals and Fertilizers (RCF) and National Fertilizer Ltd (NFL) to import urea for three months.

      So far state trading enterprises (STEs) including MMTC and STC were permitted to import the fertiliser.

      In addition to the existing STEs, "RCF and NFL are permitted to import urea only for three months with effect from the date of this notification," the directorate general of foreign trade said in a notification.

      In the first quarter 2017-18, urea production stood at 55.60 lakh tonnes, DAP at 13.35 lakh tonnes and complex fertilisers at 15.91 lakh tonnes.

      first published: Sep 27, 2017 09:17 am

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