What is the primary objective of the PM-PRANAM Scheme, 2023, approved by the Cabinet Committee on Economic Affairs?
To incentivize states/UTs for reducing chemical fertilizer usage and promoting sustainability
PM-PRANAM (PM Programme for Restoration, Awareness, Nourishment and Amelioration of Mother Earth), approved in 2023, rewards states and union territories that reduce their use of chemical fertilisers.
Half of the subsidy saved is given back to them as a grant to promote alternative fertilisers and sustainable farming.
Hence, To incentivize states/UTs for reducing chemical fertilizer usage and promoting sustainability.
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