PM-PRANAM
PM-PRANAM (PM Programme for Restoration, Awareness, Generation, Nourishment and Amelioration of Mother Earth).
The Cabinet Committee on Economic Affairs (CCEA) approved the PM-PRANAM.
To encourage the balanced use of fertilisers in conjunction with biofertilizers and organic fertilisers.
The scheme aims to reduce the use of chemical fertilisers by incentivising state.
Ministry - Union Ministry of Chemicals and Fertilisers
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The scheme will have no separate budget and will be financed through the “savings of existing fertiliser subsidy” under schemes run by the Department of Fertilizers.
Under the scheme, the states, which will adopt alternative fertilisers will be incentivised with the subsidy that is saved by reducing the use of chemical fertilisers.
For example : If a State was using 10 lakh tonnes of conventional fertilizers and reduces its consumption by three lakh tonnes, then the subsidy saving would be ₹3,000 crore. Out of that subsidy savings, the Centre will give 50% of it.
50% of subsidy savings will be passed on as a grant to the state that saves the money.
70% of the grant provided under this can be used for asset creation related to the technological adoption of alternate fertilisers and alternate fertiliser production units at the village, block and district levels.
The remaining 30% grant money can be used for rewarding and encouraging farmers, panchayats, farmer producer organisations and self-help groups that are involved in the reduction of fertiliser use and awareness generation.
The calculation of reducing chemical fertiliser use of urea in a year will be compared to the average consumption of urea during the last three years.
The new scheme would promote use of nutrient-based biofertilizers for sustainable agriculture and it would have a total outlay of ₹3,70,128.7 crore.
COMMENTS