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Union Government decides to revive fertilizer factory
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Union Government decides to revive fertilizer factory

Factory to provide employment to nearly 10,000 people

Hyderabad, January 11, 2008

The Union Government has decided to revive the Fertilizer Corporation of India (FCI) Ramagundam's factory which was closed years ago, with an investment of Rs.3,500 crore. The Centre's decision has been conveyed to the State Government by JS Sharma, Joint Secretary in the Ministry of Agriculture through a communication.

Speaking at a press conference, the Minister for Agriculture, N Raghuveera Reddy and MARKFED Chairman P Prabhakar said that the Centre has taken the decision in response to repeated pleas by the State Government to reopen the unit in view of shortage in fertilizers. The factory was partly closed due to heavy expenditure on purchase of Naphtha. The factory will be refurbished with the change of machinery wherever necessary to use gas as fuel instead of naphtha as it is cheaper.

On revival, the Ramagundam unit will provide employment to nearly 10,000 people. The minister announced that the Union Government had agreed to set up a cell to monitor supply of complex fertilizers on the lines of the one functioning for urea. The Union Government agreed to subsidize supply of sulpher.

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January 11 in History

Events and happenings on 11 January History

11 January 2001
Highlights: Infosys to setup a Software Development Center in Hyderabad

11 January 2002
Highlights: Chief Minister takes part at concluding program of Janmabhoomi

11 January 2003
Highlights: Bandaru Dattatreya enquires health condition of accident-hit

11 January 2004
Highlights: Prime Minister asks Naxals to eschew violence

11 January 2005

11 January 2006
Highlights: Agricultural technology mission to be launched

11 January 2007
Highlights: GITEX India-2007 concludes

11 January 2008
Highlights: Tilak likely to be Congress nominee for Terlam By poll

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