It was a big day for Nano range of fertilizers as well as for IFFCO when two of the top govt run fertilizer companies signed MoU with IFFCO for ‘transfer of technology’ of Nano Urea Liquid on Tuesday.
“National Fertilisers Limited (NFL) and Rashtriya Chemicals and Fertilisers Ltd (RCF) signed Memorandum of Understanding (MoU) with Indian Farmers Fertiliser Cooperative Limited (IFFCO) for ‘transfer of technology’ of a revolutionary and game changer fertiliser Nano Urea Liquid today”, reads a PIB release.
Underling the commitment of co-operatives in general and IFFCO in particular for the nation’s growth, the co-op titan IFFCO has agreed to transfer the technology for free, without charging any royalty.
“In the interest of the country, this technology transfer is being done by IFFCO without any royalty. IFFCO should be commended for this”, said Minister of Chemicals & Fertilisers and Health & Family Welfare Mansukh Mandaviya.
MoUs and other related agreements were signed in the presence of Minister of Chemicals & Fertilisers and Health & Family Welfare Shri Mansukh Mandaviya and Minister of State for Chemicals and Fertilisers Shri Bhagwanth Khuba and senior officials of the ministry.
Under these agreements, IFFCO will transfer the technology of Liquid Nano Urea to NFL and RCF. In the near future, NFL and RCF will establish new Nano Urea production plants to increase the supply of Nano Urea to farmers of the country.
Mandaviya said that signing of these MoUs shows the commitment of Prime Minister Shri Narendra Modi led Government towards serving the interest of ‘Annadata’ (farmers) of the country and making the country ‘Atma Nirbhar’ in fertilizers.
“Nano Urea made by IFFCO has the potential to prove to be a game changer for agriculture in the country. India has become the first country globally to start commercial production of Nano Urea”, said the minister.
Emphasizing the financial aspect of the Nano urea, Mandaviya said that apart from direct savings, transportation cost will also come down. The storage of Nano urea will also be easy for the farmers. Direct financial savings, reduction in transportation cost and better production will increase the income of the farmers.
Mandaviya commended the work done by IFFCO in service of the nation by making Nano Urea. He said, “I am informed that IFFCO started production of Nano Urea in June and in less than two months till 25th July, IFFCO has completed the production of 8.28 lakh Nano Urea bottles and supplying it to the farmers.
“But for an agrarian country like India, it is necessary that the production of nano urea should increase further. Other government companies working in the field of fertilizer should also be involved in this work. Today it is a matter of pleasure for me that today MoU was signed by IFFCO with NFL and RCF for Technology Transfer of Nano Urea.
