The modern agricultural system is facing the unprecedented task of contriving the extensive demand for agrarian production owing to population explosion and global climate change. The employment of Nanotechnology in agriculture has gained immense interest in recent times for the development of sustainable agricultural technologies and environmental remediation strategies. Nanotechnology pertains to the employment of nanoparticles and furnishes the potential to fabricate novel materials and products possessing improved quality. The nanomaterials may be used as; nanosensors, nanocides, nanofertilizers, nanobarcodes, and nano-remediators, which play a significant role in modern agricultural practices. However, the physical and chemical processes of nanoparticle production is neither economical nor environmentally sustainable. Therefore, the need for green or biogenic nanoparticles obtained from plants, bacteria, fungi or their metabolites has emerged as novel, sustainable, economical, biocompatible, and eco-friendly technology. In this perspective, the production and sources of biogenic nanoparticles and their implication in agro-ecosystems for crop productivity, soil health management, biocontrol, and environmental remediation have been focused on in this review. The potential development and implementation challenges are also explored.