NACOF inks long-term supply pact for potash with Canada's Encanto

National Federation of Farmers' Procurement, Processing and Retailing Cooperatives of India Limited (NACOF) has entered into a long-term agreement to procure muriate of potash (MOP) – a key fertiliser - from the Canada-based Encanto Potash Corp.

As per the agreement, Encanto will supply minimum 5 million tonnes per year of MOP for a guaranteed period of twenty years to NACOF. Food security obtained via procurement of an alternative supply of MOP and eliminating middlemen for Indian farmers is a fundamental objective for NACOF.

NACOF is India's national farming cooperative established by the Joint Secretary and Central Registrar, Cooperative Societies under the Ministry