Union Home Minister Amit Shah laid the foundation stone of a ₹450 crore nano urea plant and township of the Indian Farmers Fertiliser Cooperative (IFFCO) in Deoghar, Jharkhand. The nano urea plant will be the fifth such plant in India. Prime Minister Narendra Modi inaugurated the world’s first nano urea plant in Gujarat in 2021. According to Union Minister Amit Shah Nano Urea will benefit farmers and it is already being exported to five countries.
Amit Shah Laid Foundation Stone for India’s Fifth Nano Urea Plant in Deoghar- Key Points
- Nano Urea helps in improving the crop productivity, soil health, and nutritional quality of products and aims to address the imbalance and excessive use of conventional urea.
- IFFCO Managing Director US Awasthi informed us that the plant is scheduled to be commissioned in December next year.
- He also states that the nano urea plant will be constructed at a cost of ₹300 crore and the township at a cost of ₹150 crores.
- Jharkhand Industrial Area Development Authority (JIADA) has allotted 20 acres of land to IFFCO for the complex in the Jasidih area in the Deoghar district.
About Indian Farmers Fertiliser Cooperative
The Indian Farmers Fertiliser Cooperative Limited, also known as IFFCO is a multi-state cooperative society engaged in manufacturing and marketing fertilizers in New Delhi. The Cooperative started in 1967 with 57 members and now it is the biggest co-op in the world by turnover on GDP per capita with around 35,000 members cooperatives reaching over 50 million Indian farmers.