%20(500%20%C3%97%20280%20px)%20(500%20x%20300%20px)%20(23).png "Construction of a urea plant in Assam has been approved by the government")
- This project involves an investment of ₹10,601.4 crore and is aimed at enhancing India's domestic urea production capacity.
- With an annual production target of 12.7 lakh metric tonnes of urea, the plant will reduce reliance on imports and address the growing demand for fertilizers in agriculture.
- The project will be implemented as a joint venture, with the Assam Government holding a 40% stake, promoting local participation.
- Additionally, it is expected to generate significant employment opportunities in the region, boosting socio-economic development.
- Overall, this initiative aligns with the government's focus on improving agricultural productivity and self-reliance in the fertilizer sector.
Question:
Q.1 What is the total investment approved by the Union Cabinet for the construction of the brownfield ammonia-urea complex at Namrup, Assam?a) ₹9,500 crore
b) ₹10,601.4 crore
c) ₹12,000 crore
d) ₹8,750 crore
Answer: b) The Union Cabinet approved an investment of ₹10,601.4 crore for the construction of the brownfield ammonia-urea complex at Namrup, Assam, to boost domestic urea production and reduce import dependence.
