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Govt defers urea price hike by 10 per cent

New Delhi, Jun 14: The government today deferred the fertiliser ministry's proposal to hike retail prices of urea by 10 per cent to Rs 5,841 per tonne for the 2012-13 fiscal. "The decision to hike
PTI June 14, 2012 16:14 IST
PTI
New Delhi, Jun 14: The government today deferred the fertiliser ministry's proposal to hike retail prices of urea by 10 per cent to Rs 5,841 per tonne for the 2012-13 fiscal.



"The decision to hike the retail prices of urea by 10 per cent has been deferred by the Cabinet Committee of Economic Affairs (CCEA)," sources said after the CCEA meeting.

Urea is the only fertiliser that remains under full price control. Its current retail price is Rs 5,310 per tonne.