Closed fertiliser units to get revival shot
There is good news for the crisis-ridden fertiliser industry. The Centre would support the revival of closed units of Fertiliser Corporation of India (FCI) and Hindustan Fertiliser Corporation (HFC). The inter-ministerial group has recommended 51% equity control by the PSUs in the revival of the units, with budgetary support from the government. The balance 49% would come from other sources.