Centre grants exclusive subsidy policy for urea generated by TFL

Centre grants exclusive subsidy policy for urea generated by TFL

The Union Cabinet approved an exclusive subsidy policy for urea produced through coal gasification route by Talcher Fertilizers Limited (TFL).

Daily Current Affairs Quiz 2021

Considering the strategic energy security and urea self-sufficiency of the country, looking into the country’s vast coal reserves, it has been decided go ahead with Talcher Fertilizer Limited plant based on coal gasification technology.

The project shall improve availability of fertilizer to farmers thereby boosting development of eastern region and will save transport subsidy for supply of urea in eastern part of the country.

It would assist in reducing Urea imports to the tune of 12.7 LMT per annum leading to savings in foreign exchange.

Gkseries: Gkseries.com is a premier website to provide complete solution for online preparation of different competitive exams like UPSC, SBI PO, SBI clerical, PCS, IPS, IAS, IBPS PO, IBPS Clerical exam etc. & other graduate and post-graduate exams. Learn more on about us page