IFFCO and CIL to manufacture Nano DAP for 3 years: Govt
On its benefits, the minister shared that preliminary field trials were conducted by IFFCO and CIL on select crops in select institutes of Indian Council of Agricultural Research (ICAR).
The government on Friday said fertiliser cooperative major IFFCO and state-owned Coal India Ltd (CIL) will manufacture Nano DAP for a period of three years. A notification in this regard was issued on March 2, Minister of State for Chemicals and Fertilisers Bhagwanth Khuba said in his written reply to the Lok Sabha.
Di Ammonium Phosphate (DAP) is the second most widely consumed fertiliser after urea in the country.
The minister further said IFFCO has informed that it is setting up a Nano DAP plant at its Kalol unit, Gujarat with a production capacity of 2 lakh bottles of 500 ml per day.
"Nano DAP will be available in the market across the country after commencement of commercial production," he added.
On its benefits, the minister shared that preliminary field trials were conducted by IFFCO and CIL on select crops in select institutes of Indian Council of Agricultural Research (ICAR).
The report has indicated that with the use of Nano DAP as seed treatment and foliar application, there is a possibility of saving of granular DAP (Di Ammonium Phosphate) conventionally applied, he said. Nano DAP is the second product from the nano stable after nano urea that is being promoted in a big way by the government to cut subsidies and promote efficient use of plant chemicals.
Also Read: IDBI Bank privatisation on track, clarifies DIPAM
Also Read: Indian crude oil basket price rose 23% between Dec 2021-March 2023: Govt
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Looking for short term investment ideas? Analysts suggest buying these 2 stocks for potential gain; check targets
Small SIP, Big Impact: Rs 1,111 monthly SIP for 40 years, Rs 11,111 for 20 years or Rs 22,222 for 10 years, which do you think works best?
06:30 PM IST