Sep 3, 2008

Cabinet approves new investment policy for urea sector

Cabinet approves new investment policy for urea sector


Science
and Technology Minister Kapil Sibal today, 8 August 2008, said the
June-September monsoon rains have revived across the country and are
expected to be normal.

Sibal said the union cabinet has approved
a new investment policy for the urea sector, linking cost of production
to the import parity price, a key demand of the industry.

The minister also said the cabinet has approved a new policy on uranium exploration

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