New Fertilizer policy to revive 8 sick fertilizer unit

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Category: Industrial Policies

Urea imports have been increasing sharply and the government is now resorting to revive to sick units to reduce dependency of imports. The sick units will be handed over to public sector units on nomination. If they are not ready, it will be revived by public private partnerships. The new operator will bring in funds and acquire modern technology and machineries. It is estimated roughly Rs.30,000 to Rs.50,000 million for each fertilizer unit

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