Press briefing of Cabinet Decision taken on 2022-06-06

Obtaining US$ 55 Million Credit Line from Indian EXIM Bank for the Procurement of Urea fertilizer

- The Government of India is in agreement to provide US$ 55 Million Credit Line through Indian EXIM Bank for the procurement of Urea fertilizer required for Maha Season 2022/23. Accordingly, the proposal made by Hon. Prime Minister in his capacity as the Minister of Finance, Economic Stabilization and National Policies to sign the relevant Agreements, was approved by the Cabinet.