ECONOMIC DEVELOPMENT & FERTILIZER INDUSTRY : A HISTORICAL PERSPECTIVE

Economic Development is a very Comprehensiv term relating to focus on structual, Social and institutional changes that improve human well-being. It is especially for developing contries. Capital Formation, Technological Progress, Instutirional Frame work Human resources, Trade and market liberalization influence economic development. In the realm of its fundamental factors, land, labour, capital and entrepreneurship economic development is associated with improvement and its history is originated in the post-war period of reconstruction. History would have been proved of the student community in india if they had become forward to fight for justic. Fartilizer becomes any substance which under favourable condation when added to soil will result in better growth. The history of world earlist agriculture Animal manures, compost, Swage, Sea sand, weed, bones etc were used as fertilizers. When second industrial policy was announced in 1956, people put the fertilizers in the schedule B. Fertilizers corporation of India was established in 1961 to take over the management of sindri and Nangal factories. The Inidan Fertilizer industry expanded to embrace a whole ranr of fertilizer technology. In these days the fertilizer Industry occupies a position and it leads to the foundation for increased investment in the fertilizer secror.