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Shri U.S. Jha, Chaiman and Managing Director, Rashtriya Chemicals & Fertilizers Ltd. (RCF) presented a dividend cheque of Rs. 71.4 crore to the Union Minister for Steel, Chemicals and Fertilizers, Shri Ram Vilas Paswan, here today.
Accepting the cheque, the Minister expressed satisfaction over the performance of the RCF and said that the country is self sufficient in the production of urea. However, in order to meet the growing demands from various States in future, Government is planning to increase the production of urea from 1.6 million tonnes to 2.2 million tonnes.
Shri Paswan, however, expressed his concern over the production of DAP and MOP and said that at present, the country is importing these two types of fertilizers hence there is urgent need to increase the production so that country could become self-reliant and for this, he is planning for long-term agreement wherein emphasis will be on joint venture.
SKM/NSR
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