New Urea Policy 2015
Urea policy
Urea policy was postulated by NDA Government in 2015, the main objective of urea policy is
1- To maximize indigenous urea production
2- Promoting energy efficiency in the urea unit to reduce the subsidy burden
3- 30 urea producing unit are to be setup or to be fitted with best available technology in the world
4- Under this the Government is aiming at to save subsidy worth 4829crore rupees
5- This policy is for the next 4 fiscal years
6- Under it additional production of 2000000 ton of urea is to be realized
7- Currently India is importing 80mt of urea to meet the total demand of 310 lakhs ton which is to be curbed
8- Close nit at Gorakhpur, Baruani, Talchar, Ramagundam, are to revived or restored which will lead to production of additional 26lakh ton of urea production by each unit.
9- New concept of neem coated urea is propounded under which any unit can produce Neem coated urea up to 100% and it is mandatory to produce 75%
10- The main reasons for introducing Neem coated urea are
a- It is Eco-friendly and makes soil healthy.
b- It has more effectiveness against the common urea.
c- It gives higher crop yields.
d- Less underground water contamination.
e- It cannot be used by industries.
The MRP set by Government of India is rupee268 per 50 kg bag and 14 rupee additional for Neem coated urea.
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