Cyanobacteria (or) blue green algae (BGA) are prokaryotic free-living organisms which can fix nitrogen. Oscillatoria, Nostoc, Anabaena, Tolypothrix are well known nitrogen fixing cyanobacteria. Their importance is realized in the water logged paddy fields where Cyanobacteria multiply and fix molecular nitrogen. Cyanobacteria secrete growth promoting substances like indole-3-acetic acid, indole-3- butyric acid, naphthalene acetic acid, amino acids, proteins, vitamins which promotes plant growth and production.