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Abstract: To enhance the fertilizer value of rock phosphate in alkaline soils, the phosphate (P) solubilizing fungus Penicillium oxalicum was isolated from the rhizosphere soil of rock phosphate mine landfills and tested for its efficacy to solubilize rock phosphate (RP) as well as promotion of the growth of wheat and maize plants grown in soil amended with RP. The results showed that P. oxalicum effectively solubilized RP in Pikovskaya’s medium and released higher amount of phosphorus. The solubilization was increased with increase in concentration of RP. Field experiments showed that inoculation of P. oxalicum significantly increased the growth and yield of two consecutive crops i.e. wheat and maize compared to the control soil. The P content was significantly increased in the plants. The available P and organic carbon levels increased in RP amended soil inoculated with P. oxalicum compared to the control soil. It was found that the P. oxalicum along with RP can substitute the chemical fertilizer in alkaline soil and help in improving the crop production. [ABSTRACT FROM AUTHOR]