<span style="color: #222222;">The Cabinet Committee on Economic Affairs, CCEA has given its nod to a proposal of the Department of Fertilizers for Grant-in-aid of Rs 100 crore to Brahmaputra Valley Fertilizers Corporation Limited (BVFCL), Namrup in Assam to sustain operations of it's urea manufacturing units.&nbsp;</span><br />'' <br />'' <span style="color: #222222;">BVFCL is a Public Sector Undertaking which&nbsp; is situated at North-Eastern part of India, which plays an important role in economic growth in the region. The grant in aid of Rs 100 crore to BVFCL will restore the urea production capacity of 3.90 Lakh metric tonnes&nbsp; per annum and ensure timely availability of Urea to the Tea Industry and Farming Sector in the entire North Eastern region specially Assam.&nbsp;</span><br />'' <br />'' <span style="color: #222222;">It will also continue the existing employment of about 580 employees on a permanent basis and another 1500 persons on an ad-hoc basis. Besides, 28 thousand people get benefits indirectly by this establishment. This will also strengthen the 'Atma Nirbhar Bharat' campaign of the Government of India.</span><br />'' &nbsp;
News On AIR | February 10, 2021 4:41 PM
CCEA approves proposal of Department of Fertilizers for Grant-in-aid of Rs 100 crore to BVFCL