Business
Pic Via Twitter
Union Chemicals and Fertilisers Minister Mansukh Mandaviya on Saturday (4 March) said the government has approved the launch of nano liquid DAP (di-ammonium phosphate) fertiliser for the benefits of farmers and making the country self-reliant.
Fertiliser cooperative IFFCO, which introduced nano liquid urea in 2021, on Friday announced that the government has approved the launch of its nano DAP fertiliser in the market.
"Another Giant Leap For Indian Fertilizer and Krishi sectors! Nano DAP has been approved by Agriculture Ministry and notified in the Fertiliser Control Order," Mandaviya tweeted.
He added that the nano DAP will bring positive difference in the lives of Indian farmers and help in fulfilling Prime Minister Narendra Modi's vision of Aatmanirbhar Bharat.
"After nano urea, the government has now given approval to nano DAP as well," Mandaviya said in a tweet in Hindi.
He said that this is one more achievement towards achieving self sufficiency in fertilisers, and is going to immensely benefit farmers.
On Friday (3 March), IFFCO managing director U S Awasthi tweeted that the IFFCO Nano DAP has been approved by the ministry of agriculture and notified in the Fertiliser Control Order (FCO) based on it's encouraging results.
"IFFCO will manufacture #NanoDAP; a game changer for Indian agriculture & economy," he tweeted.
In December, Awasthi had said IFFCO would soon launch nano DAP at Rs 600 per 500-ml bottle, a move that will help India save foreign exchange and also reduce government subsidy significantly.
One bottle will be equivalent to one bag of DAP, which currently costs Rs 1,350.
IFFCO is also planning to launch nano-potash, nano-zinc and nano-copper fertilisers, he had said.
In June 2021, IFFCO launched nano urea in liquid form as an alternative to conventional urea.
It has set up many manufacturing plants in Gujarat and Uttar Pradesh to produce nano urea.
There is no government subsidy on nano urea and it is being sold at Rs 240 per bottle.
For conventional urea, the government provides a huge subsidy to ensure that the farmers get the soil nutrient at a reasonable price.
The country's domestic urea production is around 26 million tonnes, while demand is about 35 million tonnes. The gap is met through imports.
India also imports DAP and MoP (muriate of potash) in huge quantities to meet its domestic demand.
(With inputs from PTI)
Support Swarajya's 50 Ground Reports Project & Sponsor A Story
Every general election Swarajya does a 50 ground reports project.
Aimed only at serious readers and those who appreciate the nuances of political undercurrents, the project provides a sense of India's electoral landscape. As you know, these reports are produced after considerable investment of travel, time and effort on the ground.
This time too we've kicked off the project in style and have covered over 30 constituencies already. If you're someone who appreciates such work and have enjoyed our coverage please consider sponsoring a ground report for just Rs 2999 to Rs 19,999 - it goes a long way in helping us produce more quality reportage.
You can also back this project by becoming a subscriber for as little as Rs 999 - so do click on this links and choose a plan that suits you and back us.
Click below to contribute.
Latest