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What is the primary objective of the PM-PRANAM scheme?
Promote balanced fertilizer use
To provide free irrigation facilities to farmers
To promote the export of agricultural products
None of the above
Promote balanced fertilizer use
The Government of India launched the PM-PRANAM scheme in June 2023 to incentivize states to reduce chemical fertilizer consumption and promote sustainable agriculture.
The PM-PRANAM (PM Programme for Restoration, Awareness Generation, Nourishment and Amelioration of Mother Earth) was introduced by the Cabinet Committee on Economic Affairs to address the long-term issue of soil degradation and rising fiscal burden caused by fertilizer subsidies. By encouraging the balanced use of chemical fertilizers alongside organic and bio-alternatives, the scheme aims to restore soil health and improve agricultural sustainability. It serves as a financial incentive model where states are rewarded for savings generated through reduced consumption of fertilizers like urea and DAP compared to the three-year average. This initiative aligns with broader government goals of enhancing food security while reducing the national dependency on imported chemical nutrients.
Full Name: PM Programme for Restoration, Awareness Generation, Nourishment and Amelioration of Mother Earth
Approval Date: June 28, 2023
Implementation Period: FY 2023-24 to FY 2025-26
Incentive Structure: 50 percent of saved fertilizer subsidy is granted to the state, with 95 percent of that incentive going to the State/UT and 5 percent retained by the Centre
A is correct тАФ The PM-PRANAM scheme incentivizes states to reduce the excessive use of chemical fertilizers by providing 50 percent of the resulting subsidy savings as financial support.
Remember the acronym PRANAM as 'Mother Earth' (Amelioration of Mother Earth); it serves as a mnemonic for the objective of healing the soil from chemical exhaustion.
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