<h1>Interest-Free Loan Approved for Fertilizer Projects in Sindri, Gorakhpur, Barauni; Rs. 1,257.82 Crore Allocated Over 11 Years.</h1> The Cabinet Committee on Economic Affairs has approved an interest-free loan for Hindustan Urvarak and Rasayan Limited's fertilizer revival projects in Sindri, Gorakhpur, and Barauni. The loan, amounting to Rs. 1,257.82 crore, covers the interest during construction, with specific allocations of Rs. 422.28 crore, Rs. 415.77 crore, and Rs. 419.77 crore for each project, respectively. The loan will be disbursed over three years and repaid over 11 years, with a three-year moratorium. This financial support aims to reduce project costs and enhance financial viability. Hindustan Urvarak and Rasayan Limited is a joint venture involving several major Indian corporations.