Cabinet approves fertiliser investment policyAugust 8th, 2008 - 3:39 pm ICT by IANS
New Delhi, Aug 8 (IANS) The Cabinet Committee on Economic Affairs Friday approved the new investment policy for existing fertiliser units to augment the production of urea - the staple fertiliser used by farmers. Science and technology minister Kapil Sibal said the government was expecting a good monsoon. He told reporters: “The new policy aims at revamping the existing fertiliser unit and their capacity-building”.
Sibal said that the government expected a lot of investment for these fertiliser units.
“Monsoon has revived and it will immensely benefit Indian farmers,” Sibal said.
Tags: aims, cabinet committee, capacity building, economic affairs, fertiliser units, indian farmers, investment policy, kapil sibal, monsoon, New Delhi, science and technology, staple, technology minister, urea