ForumIAS LATEST
- 5 August | Toppers Wrote 1000 Answers Between Prelims & Mains! | Click Here to Watch →
- 5 August | Are you the Average of the 5 People Around You by Mr. Ayush Sinha | Click Here to Watch →
- 5 August | First UPSC Mains Don't Chase AIR 1 by Mr Ayush Sinha | Click Here to Watch →
News: The Cabinet Committee on Economic Affairs approved the National Investment Policy for Urea-2026 for Atmanirbhar Bharat.
About National Investment Policy for Urea-2026 for Atmanirbhar Bharat (NIPU-2026)
- National Investment Policy for Urea-2026 for Atmanirbhar Bharat (NIPU-2026) is a policy to encourage new investments in gas-based urea manufacturing units in India.
- Piloted by: This policy is piloted by the Department of Fertilizers.
- Aim: The policy aims to encourage new investments, increase indigenous urea production, and achieve self-sufficiency.
- Key Features of NIPU-2026:
- Production Targets: The policy covers urea manufacturing units and is expected to add one crore metric tonnes of urea production capacity with eight to nine new plants.
- Transparent Cost Structure: The policy separates fixed and variable costs to improve transparency in the pricing framework.
- Return on Equity: The policy provides a Return on Equity (RoE) band of 12% to 16%, with a minimum of 12% and a maximum of 16%.
- Foreign Exchange Protection: The policy reduces foreign exchange risk by converting fixed costs into Indian Rupees after four years based on prevailing exchange rates.
