Cabinet clears urea investment policy to boost local production

The government has approved a new policy to promote local production of urea by encouraging the establishment of gas-based manufacturing plants. This move aims to reduce dependency on imports and bridge the gap between domestic demand and production. By boosting local manufacturing, the policy could also create jobs and enhance the country's energy security. This decision is significant as it aligns with broader economic goals to make India self-reliant in key industrial sectors.