What is the objective of the PM-PRANAM scheme recently approved by the Cabinet

The PM-PRANAM scheme has been approved by the Cabinet with the objective to incentivize states to promote alternative fertilizers.
The objective of the PM-PRANAM scheme, recently approved by the Cabinet, is to incentivize states to promote alternative fertilizers. Here are the key points of the scheme: 1. Promoting alternative fertilizers: The scheme aims to encourage states to promote the use of alternative fertilizers, such as organic and bio-fertilizers, as a sustainable alternative to chemical fertilizers. 2. Incentives for states: Under the scheme, states will be provided financial incentives based on the quantity of alternative fertilizers used. This will help states in addressing the issue of overuse of chemical fertilizers and promote balanced nutrient management in agriculture. 3. Supporting sustainable agriculture: By promoting the use of alternative fertilizers, the scheme aims to support sustainable agricultural practices. Organic and bio-fertilizers are considered to be environmentally friendly, reducing the negative impact on soil health and water bodies. 4. Improving soil health: The scheme recognizes the importance of maintaining soil health for long-term agricultural productivity. By promoting the use of alternative fertilizers, it aims to enhance soil fertility and improve overall crop yields. 5. Reducing dependency on chemical fertilizers: The PM-PRANAM scheme aims to reduce the dependency of farmers on chemical fertilizers, which can have adverse effects on the environment and human health. By encouraging the use of alternative fertilizers, the scheme aims to promote sustainable and responsible farming practices. Overall, the objective of the PM-PRANAM scheme is to promote the use of alternative fertilizers and incentivize states to adopt sustainable agricultural practices, thus benefiting the environment and farmers alike.
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