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State to seek urea price revision

Updated at:
State to seek urea price revision
State to seek urea price revision

The state government is mulling to urge the Centre to reconsider its decision to jack up the maximum retail price (MRP) of urea from Rs 4,830 to Rs 5,310 a ton from April 1.

Chief Minister K Rosaiah on Friday told the House that the Centre might have raised the urea prices under compulsion to give in to a Nutrient Based Subsidy (NBS) regime in the next fiscal. However, the state would write to the Centre to reconsider the decision as it adversely affects the interests of the farmers, he pointed out.

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He hoped that the UPA government, being a farmer-friendly regime, might reconsider the decision. However, the Opposition members insisted that the hike in urea prices would hurt the farmers and affect the agricultural production in the state.