Modi Government took the daring step of allowing urea producers to produce neem coated area up to 100% of the production and making it mandatory to produce at least 75% of domestic urea as neem coated. In total, urea production in the country will increase by 20 lakh tonnes.
The new Urea Policy 2015 will help the government to save direct subsidy of Rs 2,618 crore and indirect savings of Rs 2,211 crore per year (total savings – Rs 4,829 cr) and also benefit the farmers to a great extent.