Q. Consider the following statements regarding recently signed MoUs with Indian Farmers Fertiliser Cooperative Limited (IIFCO)?
- The MoUs were signed with National Fertilisers Limited and Rashtriya Chemicals and Fertilisers Ltd.
- The MoUs were signed for transfer of Technology of Nano Urea Liquid.
Which of the above statement / s is /are true ?
a) Only 1
b) Only 2
c) Both 1 &2
d) None of these
ANSWER:- c)
RELATED FACTS:-
- On 27th July, 2021 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.
- To enhance the adaptability of Nano Urea by farmers, technology transfer from IFFCO to public sector fertiliser companies will be achieved through these MOUs.
- This technology transfer will ramp up the production leading towards consistent supply resulting in faster adoption and would also result in more savings to farmers and government subsidies.
- 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.
By – ABHISHEK KUMAR
LINK
https://www.pib.gov.in/PressReleasePage.aspx?PRID=1739624