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Fertilizer subsidy hike to improve operating margin: FACT

The fertilizer industry is pleased with the government’s decision to hike fertiliser subsidy. Shankar Narayan, Chairman and Managing Director of FACT, speaking exclusively to CNBC-TV18 says that the hike is going to help in improving the operating margins of the company, although he believes it will not affect the international prices.

first published: Feb 16, 2011 03:46 pm

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