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EXCLUSIVE: Govt proposes Rs 8,425 cr funding for new fertiliser plants

In 2019-20, India imported 10 million metric tonne (MMT) of urea, 5 MMT of DAP and 3 MMT of ammonia at an estimated annual import value of $6 billion. The government hopes that imports will be substituted by domestic supplies, reducing costs and outflow of foreign exchange. ....

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