ECC approved Reduction in GIDC to Benefit Farmers

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In a latest notification, the Ministry of Energy, Petroleum Division, has informed that the Economic Coordinate Committee (ECC) of the Cabinet, in its meeting held on Jan 20, 2020, has approved reduction in GIDC on gas consumed by Fertilizer Manufacturers to Rs. 5/MMBTU so that this benefit could be passed on to the farmers.

The summary on ‘Reduction in Price of Urea in Proportion to Reduction in GIDC’ was submitted by the Ministry of Industries & Production on Jan 18, 2020.