Policy | 02 February 2024
CropLife India welcomes Interim Budget 2024-25
Stresses on full Budget for agrochemical sector
Stresses on full Budget for agrochemical sector
The outlay for the next year in infrastructure is being increased by 11.1% to Rs. 11,11,111 crore
Allocation of a Rs. 1 lakh crore corpus for a 50-year interest-free loan to the private sector is poised to fuel R&D and innovation in India
The approval will provide additional capital to the various fertilizer (Urea) units for the component of marketing margins
Indian chemical industry has sought expects competitive tax structure, support for raw materials, strategic initiatives, expanded funding for R&D and technological support to maintain sustainable growth
Built at a cost of about Rs. 700 crore, this 255 km long pipeline project has been completed well ahead of the scheduled time
Total outlay will be provided as financial assistance for coal gasification projects under three categories
CIL has signed MoUs with BHEL for setting up of Coal-to-Ammonium Nitrate Project in Jharsuguda at an estimated project cost of Rs. 11,782.05 crore (±25%)
536 Compressed Biogas (CBG) Plants and 1,193 Biogas Plants registered on the Unified Registration Portal for GOBARdhan since its launch in June’23
Indian chemicals sector can take several strategic actions to further enhances its market, sustainability, and overall positive impact on the economy
New dry dock at Kochi is the national pride of India
Ministry of Agriculture & Farmers Welfare is leveraging cutting-edge Artificial Intelligence (AI) technologies for the benefit of farmers and to increase overall productivity
Seeks Production Linked Incentive (PLI) Scheme for agrochemicals as Champion sector
Govt. is working towards a more liberal regime so that the production and sale of alternate fuels is made easier
Innovation, research and climate startups needs to be expanded at scale to meet the climate commitments
Goyal highlights interconnectivity of data layers, better planning, analysis, monitoring, and implementation of infrastructure projects through PM GatiShakti
Chemicals is in sixth position in terms of total FDI in India amounts to around 3% of total FDI equity inflows in India
The Department promotes setting up of need-based Plastic Parks with requisite state-of-the-art infrastructure and enabling common facilities
CBO shall be kept as 1%, 3%, and 4% of total CNG/PNG consumption for FY 2025-26, 2026-27, and 2027-28 respectively. From 2028-29 onwards CBO will be 5%
Bids for setting up 1.5 GW of electrolyser manufacturing capacity have exceeded expectations, reaching 3.4 GW
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