PM PRANAM Scheme
The Union government plans to introduce a new scheme - PM Promotion of Alternate Nutrients for Agriculture Management Yojana (PM PRANAM).
Need for PM PRANAM Scheme
- According to government statistics, the combined demand for urea, MOP (Muriate of Potash), DAP (Di-Ammonium Phosphate) and NPKS (Nitrogen, Phosphorus, and Potassium) increased by 21% from 528.86 LMT (Lakh Metric Tonnes) to 640.27 LMT between 2017-18 and 2021-22.
- The overall expenditure on subsidies has increased due to an increased demand for fertiliser over the past five years.
Objectives
- To reduce chemical fertiliser use
- To reduce the subsidy burden on chemical fertiliser
Salient Features
- The ....
Do You Want to Read More?
Subscribe Now
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Related Content
- 1 Second Advance Estimates of Agricultural Production 2025–26
- 2 Domestic Systemically Important Banks (D-SIBs)
- 3 External Commercial Borrowings (ECBs)
- 4 National Shipping Board
- 5 City Gas Distribution (CGD) Network
- 6 Banana Cluster
- 7 Public Insurance Registry (PIR)
- 8 Sharavathi Pumped Storage Hydroelectric Project
- 9 Centre launches Key Digital Initiatives for Dam Safety
- 10 V.O. Chidambaranar Port becomes First Indian Major Port to Implement Digital Twin
- 1 Shrinkflation
- 2 Yield Curve Control
- 3 New Account Settlement System
- 4 RBI removes Central Bank of India from PCA framework
- 5 Asian Palm Oil Alliance
- 6 e-FAST - India’s First National Electric Freight Platform
- 7 REC Limited Joins Coveted 'Maharatna' Club
- 8 Kirit Parikh Committee for Reviewing of Gas Price Formula
