PM-PRANAM gets Cabinet nod
New scheme incentivises States to promote alternative fertilisers; Rs 3.68 lakh cr subsidy on urea till Mar 2025
image for illustrative purpose
New Delhi The Centre on Wednesday approved a new scheme PM-PRANAM to incentivise States to promote alternative fertilisers and reduce the use of chemical fertilisers and also decided to continue the current urea subsidy scheme for three years ending March 2025, with an outlay of Rs 3.68 lakh crore.
That apart, the Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, approved an outlay of Rs 1,451 crore subsidy to promote organic manure, taking the total package to over Rs 3.70 lakh crore. The CCEA also decided to introduce sulphur-coated urea (Urea Gold) in the country for the first time to address sulphur deficiency in the soil. Briefing media, Union Chemicals and Fertilisers Minister Mansukh Mandaviya said the CCEA has approved a scheme PM-PRANAM (PM Programme for Restoration, Awareness, Generation, Nourishment and Amelioration of Mother Earth).