{"id":221144,"date":"2023-01-05T19:32:01","date_gmt":"2023-01-05T14:02:01","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=221144"},"modified":"2023-01-06T12:28:40","modified_gmt":"2023-01-06T06:58:40","slug":"cost-advantages-nano-fertilisers-will-reduce-subsidy-outgo","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/cost-advantages-nano-fertilisers-will-reduce-subsidy-outgo\/","title":{"rendered":"Cost advantages – Nano-fertilisers will reduce subsidy outgo"},"content":{"rendered":"\n

Source<\/strong>: The post is based on the article\u00a0\u201cCost advantages – Nano-fertilisers will reduce subsidy outgo\u201d <\/strong>published in the Business Standard <\/b>on 5th January 2023<\/b>.<\/p>\n

Syllabus<\/strong>: GS 3 \u2013 Issues related to direct and indirect farm subsidies.<\/p>\n

Relevance<\/strong>: About Nano-fertilisers.<\/p>\n

News<\/strong>: DAP is the second-most consumed fertiliser in India.\u00a0After the success of nano-urea<\/a><\/strong>, the nano version of DAP (di-ammonium phosphate) has now cleared the bio-safety and toxicity trials.<\/p>\n

Nano-fertilisers are so far commercialised only in India. Further, more nano varieties of fertilisers are under development and will become available for commercial use soon.<\/p>\n\n\n\n
Read more: PM inaugurated One Nation One Fertilizer Scheme<\/a><\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n
What are the benefits of nano-fertilisers?<\/h5>\n

Benefits to government: a) <\/b>Reduce dependence on imports, b)<\/strong> Reduce government subsidies for essential plant nutrients, c)<\/strong> Aid in the self-sufficiency<\/strong> of fertilisers over the next few years, d)<\/strong> Provide cushion against international prices<\/strong>. For instance, in the aftermath of the Ukraine-Russia conflict, there is a spike in the international prices of plant nutrients. This led to rise in fertiliser subsidies to an all-time high of over Rs 2.3 trillion in India.<\/p>\n

Benefits to farmers<\/strong>: a)<\/strong> Provide higher nutrient-use efficiency<\/strong> and help augment soil fertility<\/strong> to boost crop yields and improve the quality of farm produce. For instance, the efficiency, yield increase of nano-urea is more than 80% (about double that of conventional urea) and 3-16% respectively, and b)<\/strong> Nano-fertilisers, being liquids packed in small bottles, are convenient to carry, thereby enabling the farmers to save on the cost of transporting<\/strong> bulky conventional fertilisers, c)<\/strong> These are substantially cheaper and more effective<\/strong> than normal fertilisers.<\/p>\n

Overall, these nano-fertilisers would facilitate a substantial reduction in crop production costs and an improvement in the profitability of farming.<\/p>\n

Environmental benefits<\/strong>: Conventional fertilisers are typically potent polluters of air, soil, and water. On the other hand, nano-fertilisers have low environmental footprint. They are non-toxic and harmless to health and natural biodiversity. So, they will help to cut down the agriculture sector\u2019s greenhouse gas emissions to a considerable extent.<\/p>\n\n\n\n
Read more: Draft Integrated Plant Nutrition Management Bill, 2022<\/a><\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Therefore, promoting nano-fertilisers is a win-win situation for all stakeholders.<\/p>\n","protected":false},"excerpt":{"rendered":"

Source: The post is based on the article\u00a0\u201cCost advantages – Nano-fertilisers will reduce subsidy outgo\u201d published in the Business Standard on 5th January 2023. Syllabus: GS 3 \u2013 Issues related to direct and indirect farm subsidies. Relevance: About Nano-fertilisers. News: DAP is the second-most consumed fertiliser in India.\u00a0After the success of nano-urea, the nano version… Continue reading Cost advantages – Nano-fertilisers will reduce subsidy outgo<\/span><\/a><\/p>\n","protected":false},"author":10311,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,9],"tags":[10503],"class_list":["post-221144","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-public","tag-business-standard","entry"],"jetpack_featured_media_url":"","views":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/221144","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10311"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=221144"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/221144\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=221144"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=221144"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=221144"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}