Double output in next 5 years: Chemical Minister
The Dollar Business Bureau Chemicals & Fertilisers Minister Ananth Kumar asked the chemicals and petrochemicals industry to target an annual growth rate of 14.7 percent so as to double its production in the next 5 years and said the government will support the industry’s growth story. While speaking at the “CHEMINAR-2016” in New Delhi on Friday, Kumar said, “India’s chemicals and petrochemicals industry is growing at the rate of 11–12 percent and has a production of worth $200 billion per year. I called upon the industry to go for a growth rate of 14.7 percent per year so as to increase its output to twofold in the next 5 years. The Government will facilitate in the growth story,” he added. On the issue of cost ...
Govt will not hike urea prices for the next 3 yrs
The Dollar Business Bureau The government decided not to hike urea prices for the next three years, said Union MoS for Chemical and Fertilizers, Hansraj Gangaram Ahir. While addressing the gathering present at the NDA government’s ‘Vikas Parv,’ Ahir stated that some measures have to be implemented to benefit farmers as Prime Minister Narendra Modi-led government strives for the welfare of the farmers. Ahir was accompanied by the Civil Aviation Minister Ashok Gajapati Raju for the event. The minister advised farmers to use neem-coated urea as it requires less investment and output too increases than with the usage of the regular urea, Ahir added. Meanwhile, plans are afoot to revive FCI’s Talcher fertilizer plant which may commence soon with an investment of Rs.6000 crore. ...
Union Minister of Chemicals & Fertilizers launches Pharma Price Data Bank
Source: PIB, Government of India. The Union Minister for Chemicals and Fertilizers, Ananth Kumar addressing at the launch of the “Pharma Price Data Bank” an integrated Pharmaceutical Database management System (IPDM), in New Delhi on June 25, 2015. Source: PIB, Government of India. The Union Minister of Chemicals & Fertilizers, Ananth Kumar launched Pharma Price Data Bank on June 25, 2015. It is an integrated Pharmaceutical Database Management System, managed and operated by National Pharmaceutical Pricing Authority (NPPA). Speaking at the release ceremony, the Minister said that this is the first data bank of Pharma industry that will help the manufacturers, regulator as well as the common masses. He said that now manufacturers can fill their mandatory forms online, the Government ...