Question

    Which of the following statements is true regarding the

    PM-PRANAM scheme approved by the Cabinet Committee on Economic Affairs?
    A The scheme aims to promote the use of chemical fertilizers for sustainable agriculture. Correct Answer Incorrect Answer
    B States reducing the use of chemical fertilizers will face deductions in the subsidy from the central government. Correct Answer Incorrect Answer
    C The scheme does not include any provisions for the promotion of organic fertilizers. Correct Answer Incorrect Answer
    D Sugar mills with recovery rates below 9.5% will not be eligible for incentives under the FRP hike. Correct Answer Incorrect Answer
    E The scheme aims to reduce arrears to farmers and ensure sufficient funds for sugar mills. Correct Answer Incorrect Answer

    Solution

    The Cabinet Committee on Economic Affairs (CCEA) approved the PM-PRANAM scheme, which promotes the use of nutrient-based, biofertilizers for sustainable agriculture. The scheme aims to save the soil, promote balanced fertilizer use, and involve the participation of state governments. States that reduce the use of chemical fertilizers will receive a subsidy from the central government. The scheme also includes continuation of the urea subsidy scheme to ensure affordable availability of urea for farmers. Nano urea production will be increased, and organic fertilizers from Gobardhan plants will be promoted. ·         Sugarcane farmers will benefit from the FRP hike, with additional incentives for higher recovery rates. ·         Sugar mills with recovery below 9.5% will not face deductions in FRP. ·         The decision aims to reduce arrears to farmers and ensure sufficient funds for sugar mills.

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