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Urea plants accused of grabbing subsidy benefits

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article image STAFF REPORT LHR: The Ministry of Industries has accused the local urea manufacturers of increasing prices by 86 per cent against a 37 per cent hike in gas price, besides reaping benefits of a subsidy of Rs 77 billion over the past four years. This was the crux of a meeting of the National Assembly’s Standing Committee on Industries, which met with Dr Abdul Wahid Soomro in the chair."The government extended Rs 77 billion as subsidy to local urea manufacturers in the past four years, but…Read More