Big bonanza for UP farmers as Adityanath govt cuts urea prices by 10%

State exchequer to take a hit of Rs 1,000 crore in VAT kitty

The Uttar Pradesh government has cut urea prices by more than 10 per cent, in a major farm sector bonanza months ahead of the Lok Sabha polls.

A 45 kg bag of urea that sold at Rs 299 would now be available for Rs 266.50, while a 50 kg bag that earlier cost Rs 330.50 would be retailed to farmers at nearly Rs 299, a reduction of more than 10 per cent.

The new rates would be applicable from Saturday, a state government spokesperson said here late on Thursday, adding it was aimed at supplementing the wider roadmap of doubling