-Reuters
Ministry for Chemicals and Fertilisers has no plans to raise prices of urea, the most widely used soil nutrient in the country, two ministry sources said.
Two newspapers reported on Monday that the government planned to increase prices of urea by 40 per cent to reduce a mounting subsidy burden.
"There is no proposal to raise prices of urea," a ministry source told reporters.
Another ministry source said: "The urea prices were revised in the year 2010 and after that there is no proposal of that sort."