Financial Daily from THE HINDU group of publications
Thursday, Jul 15, 2004

News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Home Page - Politics
Agri-Biz & Commodities - Fertilisers


Govt to review NDA's urea distribution policy: Paswan

Our Bureau

New Delhi , July 14

THE new United Progressive Alliance (UPA) Government headed by the Prime Minister, Dr Manmohan Singh, would review the urea distribution policy of the previous National Democratic Alliance Government.

This was stated by the Minister for Fertiliser, Chemicals and Steel, Mr Ram Vilas Paswan, here on Wednesday.

The Minister said that under the previous policy, 50 per cent of the urea was distributed through the open market while the remaining 50 per cent was distributed under Government control. From April 1, 2004, entire 100 per cent urea distribution was supposed to be through the open market.

However, in view of the Lok Sabha elections and protests from some States, the decision was deferred, he said.

The Minister said that distribution of 100 per cent of urea through the open market is neither in the interest of the country, nor the industry.

He said that till the review is done and a decision is reached by the new Government, the existing practice of 50 per cent controlled distribution would continue.

More Stories on : Politics | Fertilisers

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Control of MP Birla group — Universal Cables, Vindhya Telelinks hold the key


Birla family holds meeting; Lodha stays away from office
Priyamvada's will: R.S. Lodha files caveat
Dell slashes PC, notebook prices
SBI divests 37 pc in MF arm — Signs MoU with SocGen Asset Management
Govt to review NDA's urea distribution policy: Paswan
`Democrat Kerry not against outsourcing'
UTI MF seeks exemption on long-term capital gains
Ashok Leyland pitches for maintenance contract for Defence vehicles



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2004, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line