The green revolution resulted in significant increases in food production, but with little regard for long-term sustainability. Only imports and subsidies have guaranteed the availability and affordability of fossil fuel-based chemical fertilizers at the farm level in India. Chemical fertilizer reliance for future agricultural expansion would result in increased soil degradation, the risk of water pollution, and an unsustainable economic load. The Indian government has been attempting to encourage a better practice that includes the use of bio-fertilizers in addition to fertilizers. These inputs have a variety of positive effects on the soil and may be quite inexpensive and easy to utilize. In line with current expectations, the government wants to promote not just their usage in agriculture, but also private initiative and economic viability. This study examines existing industry statistics and concludes that there has been only a limited amount of success to far. There has been no rapid rise in distribution over time, insufficient geographical dispersion, and no obvious evidence of privatization success despite the entrance of tiny private units into the sector. However, the study contends that, given the promised social advantages, the government has sufficient reason to interfere in order to create a viable market for the new product while promoting private participants. However, the policy and intervention tools must be carefully crafted.