With reference to IFFCO’s nano-fertiliser initiatives, consider the following statements: 1. IFFCO is setting up its first overseas nano-fertiliser plant in Brazil in collaboration with NANOFERT, with a production capacity of 4.5 million litres annually. 2. Field trials have shown nano fertilisers to increase corn and soybean yields by 20% and sugarcane yields by 10%. 3. In FY25, IFFCO reported a decline in sales of nano urea and nano-DAP compared to FY24. 4. The Government of India promotes nano fertilisers to reduce fertiliser subsidy burden and import dependency. Which of the above statements is/are NOT correct?

• Statement 1 is correct – IFFCO is indeed setting up its first overseas nano-fertiliser plant in Curitiba, Brazil, in a 7:3 joint venture with NANOFERT, with a capacity of 4.5 million litres annually. • Statement 2 is NOT correct – Field trials showed 10% higher yield in corn and soybean and 7% in sugarcane, not the other way around. • Statement 3 is NOT correct – Sales actually increased significantly in FY25: o Nano urea: 26.5 million bottles (↑31% from FY24), o Nano-DAP: 9.7 million bottles (↑118% from FY24). • Statement 4 is correct – The government promotes nano fertilisers to reduce subsidy burden (₹1.67 trillion projected for 2025–26) and cut import dependency on nutrients. Additional Context: • Nano fertilisers are cost-effective, eco-friendly alternatives to conventional urea and DAP. o Prices: ₹240 (nano urea, 500 ml); ₹600 (nano-DAP, 500 ml). • IFFCO has invested ₹4,200 crore in nano R&D and infrastructure since 2017. • Future plans: launch nano zinc and copper. • The Brazil project strengthens IFFCO’s global presence and reduces export-related costs.