"As per the notification issued by Government of India (GOI) in 2008, a company can produce and sell neem-coated urea equivalent to the maximum of 35 per cent of its total installed capacity," said GSFC Chairman and Managing Director Sudeep Kumar Nanda, adding that he has raised the matter with government requesting it to remove the 35 per cent cap.
Nanda said the Centre's move to increase production of neem-coated urea will stop diversion of urea fertiliser and prevent its misuse by industrial units that need Nitrogen and Ammonia for their manufacturing requirements.
Nanda said by increasing the utility factor of Nitrogen (through neem-coated urea), the consumption of urea can be reduced.
Urea imports have increased by 13 per cent to 78.43 lakh tonnes (LT) in April-February period of 2014-15, while it stood at 69.27 LT in the corresponding period of 2013-14.
Imports in the entire previous fiscal were 70.88 LT, according to official data.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
