Biofertilizers are the substance that contains microbes, which helps in promoting the growth of plants, trees by increasing the supply of essential nutrients to the plants. It comprises living organisms which include mycorrhizal fungi, blue-green algae, and bacteria. Mycorrhizal fungi preferentially withdraw minerals from organic matter for the plant whereas cyanobacteria are characterized by the property of nitrogen fixation.Nitrogen fixation is defined as a process of converting the di-nitrogen molecules into nitrogen compounds. For instance, some bacteria convert insoluble forms of soil phosphorus into soluble forms. As a result, phosphorus will be available for plants.