PM-PRANAM Scheme: Unlocking Opportunities for Farmers with Cabinet's Approval – Here's What You Need to Know.


The Cabinet is expected to give its approval to the PM-PRANAM scheme, a proposal introduced in the Budget 2023 to promote the use of alternative fertiliser sources. The PM-PRANAM scheme, short for PM Promotion of Alternate Nutrients for Agriculture Management Yojana, aims to reduce the dependency on chemical fertilisers and encourage the adoption of a balanced approach to fertiliser usage. Here are the important details you need to know about the PM-PRANAM programme. 

PM Praman Scheme

What is PM-PRANAM? The PM-PRANAM Scheme, also known as the PM Programme for Mother Earth Restoration, Awareness, Nourishment, and Amelioration, focuses on reducing the reliance on chemical fertilisers and promoting the use of alternative nutrient sources. The government aims to achieve sustainable and environmentally friendly agricultural practices by advocating for fertiliser alternatives. 

Objective: The primary objective of the scheme is to promote the balanced use of fertilisers alongside biofertilizers and organic fertilisers. The PM-PRANAM programme also aims to reduce state subsidies. Under this initiative, states will receive grants equal to half of their subsidy savings. These savings will be utilized to fund the development of new technologies in the fertiliser industry. 

Benefits of the PM-PRANAM Scheme: Over a crore farmers in India will benefit from the PM-PRANAM Scheme. The government's initiative to promote alternatives to chemical fertilisers will provide farmers with cost-effective and environmentally friendly options to maintain soil fertility. The PM-PRANAM scheme aims to promote the use of alternative nutrients for agricultural management. 

Other Key Points: Additionally, it is reported that around 70% of the allocated funds under the scheme will be utilized for asset building related to the adoption of technology for alternative fertilisers. This includes the establishment of production units for alternative fertilisers at the village, block, and district levels. The remaining 30% of the funds will be used to reward and incentivize farmers, panchayats (local self-governments), farmer producer organizations, and self-help groups that actively contribute to reducing fertiliser usage and raising awareness. 

In conclusion, the PM-PRANAM scheme, which is expected to be approved by the Cabinet, aims to promote the use of alternative nutrient sources in agriculture while reducing the reliance on chemical fertilisers. This initiative will not only benefit farmers by providing them with cost-effective options but also contribute to sustainable and environmentally friendly farming practices.

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