Know all about Modi government’s latest PM-PRANAM Scheme

Prime Minister annoucned new Scheme in favour of Farmers which is PM-PRANAM Scheme, In the past, Prime Minister Narendra Modi has encouraged farmers to reduce their reliance on chemical fertilizers.

You may remember that in his Independence Day speech on August 15th, Prime Minister Narendra Modi appealed to the farmers to rely less on chemical fertilizers. He implored them to employ sustainable practices of farming.

Prime Minister Modi, at a natural farming seminar, said natural farming without chemicals can provide strength to the nation’s goal of achieving self-sufficiency.

Speaking to farmers attending a natural farming convention in July, Prime Minister Narendra Modi insisted that natural farming has led to the country’s prosperity and helps respect the Earth’s gifts.

He stated that, when you do natural farming, you serve Mother Earth, and protect the quality of the soil, When you do natural farming you are serving nature and the environment. When you join natural farming, you also get the privilege of serving Gaumata.

Know all about Modi government's latest PM-PRANAM scheme
(Pic Credit: Zee News)

It shows that the central government was working on bringing a policy related to natural farming, and now it is all set to issue the PM-PRANAM scheme (Promotion of Alternative Nutritious And Agriculture Management) soon.

The PM-PRANAM scheme aims to encourage sustainable agriculture practices by discouraging the use of chemical fertilisers.

Under this policy, states with less use of chemical fertilizers than the national average would be given half of the amount they saved. It may be noted that in recent years farmers have turned more and more to fertilizers, like urea, diammonium phosphate, and muriate of potash, to boost their yield.

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In addition to helping promote natural farming, the scheme will help the government cut down on their fertiliser subsidy payments, which cost around Rs 1.62 lakh crore last year and will only increase to Rs 2.25 lakh crore by 2022-2023.

States may spend up to 70% of the incentives on rural farmers, who are typically most in need of support.

It is possible to use the remaining 30% of the grant to incentivize those panchayats, farmers and self-help groups that have helped reduce fertilizer use. Besides promoting natural farming, the scheme can reduce subsidy burdens, increase yields, and incentivize states as well.

According to the government’s data, the country’s fertilizer requirements have increased in the last few years. The Urea, DAP, MOP, and NPKS (Nitrogen, Phosphorus, and Potassium) totals are estimated to have gone from 528.86 lakh metric tonnes in 2017 to 640.27 lakh metric tonnes in the coming 2021-2022 years. In addition, it raised the number of people eligible for assistance.

The government is still finalizing the PM-PRANAM scheme after taking inputs from all stakeholders. It has yet to decide on a launch date.

(Only the headline and picture of this report may have been reworked by the IndiaLiveNews staff; the rest of the content is auto-generated from a syndicated feed.)

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