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CCEA approves grant-in-aid of ₹100 crore to Brahmaputra Valley Fertilizers Corporation in Assam

February 10, 2021 Will enable the company sustain operations of its urea manufacturing units The Cabinet Committee on Economic Affairs (CCEA) approved the proposal of the Department of Fertilizers for grant-in-aid of ₹100 crore to Brahmaputra Valley Fertilizers Corporation Ltd (BVFCL), Namrup. This will enable the company sustain operations of it’s urea manufacturing units. “The grant in aid of ₹100 crore to BVFCL will restore the urea production capacity of 3.90 lakh mt per annum and ensure timely availability of urea to tea industry & farming sector in the entire North-Eastern region, specially Assam. It will also continue the existing employment of about 580 employees on a permanent basis and another 1,500 persons on an ad-hoc basis,” an official statement from the CCEA said. Per official estimates, 28,000 people are also indirectly benefited from BVFCL.

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