GUWAHATI: Chief Minister Sarbananda Sonowal welcomed the decision of the Prime Minister Narendra Modi led Cabinet Committee on Economic Affairs for according approval to the proposal of the Department of Fertilizers for grant-in-aid of Rs. 100 crore to Brahmaputra Valley Fertilizers Corporation Ltd (BVFCL), Namrup to sustain operations of its urea manufacturing units.
In a statement the Chief Minister Sonowal while thanking Prime Minister Modi for approving the grant-in-aid of Rs. 100 crore for BVFCL said that the decision of the cabinet committee of economic affairs would give a huge boost to the industry sector of the State and the ‘Atmanirbhar Bharat’ campaign of the Government of India.
Noteworthy, that the grant in aid of Rs. 100 crore to BVFCL will restore the urea production capacity of 3.90 Lac MT per annum and ensure timely availability of Urea to Tea Industry & Farming Sector in the entire North Eastern region specially Assam. It will also continue the existing employment of about 580 employees on a permanent basis and another 1500 persons on an ad-hoc basis. Further, 28,000 people get benefits indirectly by this establishment.