The Yogi Adityanath government today decided to waive stamp duty of Rs 210 crore on the transfer of land lease, for the revival of the Fertilizer Corporation of India Limited’s (FCIL) Gorakhpur unit. The decision was taken at the 5th state cabinet meeting chaired by Yogi in Lucknow on Tuesday.

The 1.3-million-tonne plant is estimated to cost Rs 6,500 crore and span 630 acres. Once completed, it is expected to boost socioeconomic development in the region and spur more investment. Further, it is projected to improve availability of fertilisers to farmers and curb dependence on imported ...