Fertiliser

Chemicals and Fertilizers Minister Mansukh Mandaviya has said the government is in the process of incrementally rolling out the revamped Petroleum, Chemicals, and Petrochemicals Investment Region (PCPIR) policy. Speaking at…

The government’s subsidy expenditure on fertilisers for FY24 could be Rs 2.25 trillion, as against the Budget Estimate of Rs 1.79 trillion, fertiliser minister Mansukh Mandaviya said on Wednesday. “The global prices of fertilisers have…

The Union Cabinet on Wednesday approved Rs 17,000 crore Production Linked Incentive (PLI) Scheme for IT hardware segment, stated union minister Ashwini Vaishnav."For IT PLI, the budgetary outlay is Rs 17,000 crore. The tenure of the…

The Union government is unlikely to roll out direct benefit transfer scheme for fertiliser subsidies this fiscal due to reluctance shown by states. Sources told FE the idea of direct cash transfer was objected to, as under that model, the…

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A Delhi court on Wednesday granted bail to Ratul Puri, nephew of former Madhya Pradesh Chief Minister Kamal Nath, in a money laundering case linked to an alleged fertiliser scam for which Rs 685 crore was claimed to have been paid as…

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