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27/04/23 07:09 AM IST

IFFCO Nano DAP (Liquid)

In News
  • Union Home Minister and Minister of Cooperation Shri Amit Shah launched IFFCO Nano DAP (Liquid) at New Delhi recently.
Nano Dap Fertiliser
  • IFFCO Nano DAP will enhance both the quality and quantity of crop production and improve soil health as the liquid fertilisers are sprayed on plants.
  • The use of nano fertilisers will contribute a lot in restoring fertility of land and also reducing the threat to the health of crores of Indians caused by chemical nutrients.
  • The use of nano urea and nano DAP will lead to a reduction in imports as well as the government's fertiliser subsidy bill.
  • IFFCO is likely to produce 18 crore bottles of nano DAP by 2025-26, which will lead to a reduction of the use of 90 lakh tonne of conventional DAP.
  • IFFCO said it has set up manufacturing facilities for the production of nano DAP fertilisers at Kalol, Kandla in Gujarat and Paradeep in Orissa.
  • Nano DAP contains 8 per cent nitrogen and 16 per cent of phosphorus in a bottle.
  • Urea is provided to the farmers at a maximum retail price (MRP) of Rs 242 per 45 kg bag fixed by the Centre. The difference between the production cost and retail price is reimbursed to the manufacturers as subsidy.
  • The Centre is implementing a Nutrient Based Subsidy (NBS) policy with effect from April 2010 for Phosphatic and Potassic (P&K) fertilisers.
  • Under the policy, a fixed amount of subsidy is provided on P&K fertilisers depending on their nutrient content. The MRP of P&K fertilisers is fixed by manufacturers.
Source- PIB

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