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: 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
Impact: Sustainable Agriculture Practices- It will help discourage chemical fertiliser usage and promote sustainable agriculture practices.
