News Highlight
Reducing subsidy. Govt grants 3-year approval to nano-DAP and allows IFFCO and Coromandel to start production.
Key Takeaway
- The Centre has granted IFFCO and Coromandel International three years to begin production of nano-DAP with defined standards, including common criteria.
- Because nano-DAP is expected to be less expensive than conventional DAP, the government may be able to lower its subsidy.
- It has already surpassed 2.07 lakh crore through January FY23.
Nano Liquid DAP fertiliser
- About
- It is a phosphate-based fertiliser in concentrated form.
- It supplies phosphorus nourishment to crops throughout the growth and development cycle.
- Nano-DAP is produced in collaboration with the Indian Farmers Fertiliser Cooperative (IFFCO) and a private participant, Coromandel.
- Nano-DAP will be priced at Rs 600 for a 500 ml bottle.
- One bottle will be equivalent to one bag of DAP, which costs Rs 1,350 at the moment.
- Benefits
- The usage of Nano DAP is predicted to;
- Lower farmers’ input costs
- Boost crop yields
- Improve crop quality, resulting in higher crop prices.
- The plant’s nitrogen (N) need is successfully met by using nano urea, which has a Nutrient Usage Efficiency (NUE) of more than 85%.
- According to the government, using Nano urea on all crops can reduce the inappropriate use of chemical fertilisers such as urea by 50%.
- Furthermore, when applied familiarly, Nano urea has resulted in an 8% increase in crop yields.
- The usage of Nano DAP is predicted to;
Significance of Nano Urea Liquid
- Improves Plant Nutrition
- It has been demonstrated to be useful and efficient for plant nutrition, increasing output while improving nutritional quality.
- It will improve a balanced nutrition programme by lowering the excessive use of Urea in the soil.
- In addition, it makes crops stronger and healthier and protects them from lodging.
- Lodging is the bending over of grain crop stems around ground level, which makes harvesting difficult and can significantly lower productivity.
- Improves Environment
- It will have a substantial positive impact on subsurface water quality and a considerable reduction in global warming.
- It will have an impact on climate change and sustainable development.
- Increase Farmers’ Income
- It is inexpensive and will help them increase their income.
- It will also significantly reduce shipping and warehousing costs.
Indian Farmers Fertiliser Cooperative Limited (IFFCO)
- About
- It is one of India’s largest cooperative societies, owned entirely by Indian Cooperatives.
- It was founded in 1967 with only 57 cooperatives.
- It is now a conglomeration of over 36,000 Indian cooperatives with diverse business interests.
- Apart from its core business of making and selling fertilisers, it also offers General Insurance and Rural Telephone.
- Objective
- To assist Indian farmers in flourishing by supplying dependable, high-quality agricultural inputs on time.
- Additionally, to provide services in an environmentally friendly manner and engage in other activities to increase their well-being.
Conclusion
- Including Nano DAP in the Fertilizer Control Order is a significant step towards achieving the Atmanirbhar Bharat Abhiyan’s goal.
- It minimises India’s reliance on imported DAP while encouraging the development of homegrown technologies.
Pic Courtesy: The Hindu
Content Source: The Hindu