The New Urea Policy aims to significantly enhance domestic fertilizer manufacturing by promoting self-sufficiency, reducing dependency on imports, and improving overall productivity in the agriculture sector. Recognizing the critical role of urea as a key input for crop production, the policy focuses on incentivizing domestic manufacturers to modernize their facilities, optimize energy efficiency, and adopt cost-effective technologies. By encouraging the revamping of existing fertilizer plants and establishing new-age manufacturing units, the government seeks to bridge the supply-demand gap and meet the growing needs of Indian farmers. A major component of the policy is reducing production costs through energy-efficient processes, which not only ensures affordable fertilizer availability but also aligns with sustainability goals by minimizing environmental impact. Additionally, the policy provides targeted subsidies and incentives for manufacturers, ensuring that production remains economically viable while maintaining affordable pricing for farmers. Measures such as rationalizing subsidy distribution, efficient supply chain management, and promoting the use of green and nano-urea further aim to modernize the sector. To boost domestic capacity, the government is also encouraging investments in public-private partnerships (PPP) and fostering research and development for alternative urea production methods. These initiatives are designed to curb the country’s reliance on costly urea imports, stabilize market supply, and empower the agricultural economy. The focus on domestic production also aligns with the broader vision of Atmanirbhar Bharat (Self-Reliant India), contributing to rural employment and strengthening agricultural productivity. By addressing the challenges of fluctuating global prices and availability, the New Urea Policy represents a critical step toward ensuring long-term food security and fostering a robust, sustainable fertilizer manufacturing ecosystem in the country.
New Urea Policy Aims to Boost Domestic Fertilizer Manufacturing
