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Govt has adequate urea fertiliser for boro season

Barua lists his ministry’s successes in three years

Star Business Report
Industries Minister Dilip Barua yesterday said the government has an adequate supply of urea fertiliser for the upcoming boro season.
Currendy, the government has a stock of 10 lakh tonnes of urea fertiliser, the minister said.
A total of one million tonnes to 1.2 million tonnes of urea are required during the boro season, while the annual demand for the chemical fertiliser is 2.8 million tonnes, the minister said.
“The current stock of urea is 20,000 tonnes more than in the last boro season,” Barua said while briefing journalists on the achievements of his ministry during the first three years of the incumbent government.
The minister also claimed that adequate production and proper and timely distribution of urea fertiliser among the farmers was one of the major successes of the government. He said farmers had to suffer for the fertiliser in the past.
The government is subsidising Tk 23 for per kilogram of urea fertiliser, while the price of the item is Tk 18 per kg at the farmers' level, the minister said, adding that the prices of non-urea fertilisers have also been cut down to half.
“We have started the process of setting up Shahjalal Urea Fertiliser Factory at Fenchuganj in Sylhet to meet the growing demand for the item,” the minister said.
Barua said Indian authorities now accept more Bangladeshi goods certified by the state-run Bangladesh Standards and Testing Institution (BSTI) after the body was strengthened recendy.
He said the formulation of the Industrial Policy-2010 is a success of the government.
Barua said the industrial policy will be made into a law to enhance the contribution of the industrial sector.
The minister said the government has recognised ship breaking and recycling as an industrial sector and formulated policy to streamline the sector.
The government has taken initiatives to set up some new industrial plants under the Bangladesh Small and Cottage Industries Corporation, Barua added.
The plants under the government plan are industrial park in Sirajganj, Mirsarai industrial town, Comilla industrial town-2 and expansion of the Gopalganj industrial town.
Moreover, the government has a plan to set up a special economic zone on 17,000 acres of land in Mirsarai upazila in Chittagong.
The construction work of an active pharmaceutical ingredient (API) industrial park is going on to prepare the basic ingredients of medicine, the minister said.
Pragoti Industries Ltd (PIL), the lone state-run automobile assembling plant, also started assembling Mitsubishi's Pajero sport utility vehicle in Bangladesh, he said, adding that a sedan venture is in the pipeline.
Barua said the government also achieved successes in sugar production, re-launching of Chittagong Chemical Industrial Complex and strengthening small and medium enterprises.