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PM-PRANAM scheme was announced in Budget 2023. What is the objective of the scheme?
  • a)
    To increase vaccine manufacturing in India
  • b)
    To reduce the use of chemical fertilizers in agriculture
  • c)
    To increase India's electronic export market 
  • d)
    None of the above
Correct answer is option 'B'. Can you explain this answer?
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PM-PRANAM scheme was announced in Budget 2023. What is the objective o...
  • Under the scheme, the government aims to incentivize States and Union Territories to promote alternative fertilizers and balanced use of chemical fertilizers. 
  • The main objective of the scheme is to reduce the use of chemical fertilizers in agriculture.
  • 500 new 'waste to wealth' plants under GOBARdhan (Galvanizing Organic Bio-Agro Resources Dhan) scheme will be established for promoting circular economy.
  • These will include 200 compressed biogas (CBG) plants, including 75 plants in urban areas, and 300 community or cluster-based plants at total investment of Rs 10,000 crore.
  • Also, a 5 per cent CBG mandate will be introduced for all organisations marketing natural and biogas.
  • For the collection of bio-mass and distribution of bio-manure, appropriate fiscal support will be provided.
  • Bhartiya Prakritik Kheti Bio-Input Resource Centres:
    • To facilitate 1 crore farmers to adopt natural farming, 10,000 Bio-Input Resource Centres will be set up, creating a national-level distributed micro-fertilizer and pesticide manufacturing network.
  • The government has also secured Rs 35,000 crore to support the transition towards energy efficiency and security.
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PM-PRANAM scheme was announced in Budget 2023. What is the objective of the scheme?a)To increase vaccine manufacturing in Indiab)To reduce the use of chemical fertilizers in agriculturec)To increase Indias electronic export marketd)None of the aboveCorrect answer is option 'B'. Can you explain this answer?
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