PM Pranam Yojana: India comes up with various schemes for farmers every now and then. Through these schemes, farmers get financial help and help with farming equipment. Now the news has come out that Rs 3.70 lakh crore has been sanctioned for farmers under PM Pranam Yojna.
PM Pranam Yojana
The Union Cabinet has approved a major scheme for the benefit of farmers. The Union Cabinet has approved the PM-PRANAM Yojna worth Rs 3.70 lakh crore. Under this scheme, the central government will give grants to the states to promote alternative fertilizers, thus farmers will also get alternative fertilizers, and that too at cheaper prices.
The government allocated Rs 3.68 lakh crore
Information about the approval of PM PRANAM Yojna was given by Minister Mansukhbhai Mandaviya. Masukhbhai Mandaviya said the Cabinet on Wednesday approved the new scheme PM-Pranam to encourage states to promote alternative fertilizers. The government has allocated 3.68 lakh crore rupees for this scheme. Under this, financial assistance will be provided to the states and the states will be able to strengthen the fertilizer system.
The expenditure will be incurred in the next 3 years.
After the cabinet meeting, Fertilizer Minister Mansukhbhai Mandaviya said that in the next (3) three years, the Modi government will spend 3 lakh 70 thousand crore rupees for the welfare of farmers.
Will farmers benefit?
PM Pranam Scheme will benefit more than one crore farmers in India. The government’s initiative to promote alternatives to fertilizers will provide farmers with cost-effective and environment-friendly options to maintain soil fertility. The Gobar Dhan Yojana will also promote the use of compressed biogas, which will help reduce waste and generate clean energy.
- After the cabinet meeting, Fertilizer Minister Mansukh Mandaviya said that in the next three years, the Modi government will spend 3 lakh 70 thousand crore rupees for the welfare of farmers. PM Pranam Scheme
- Cabinet approves a bundle of schemes to boost farmers’ well-being, revive land productivity and ensure food security and environmental sustainability with a total outlay of Rs 3,70,128.7 crore: PIB
What is PM Pranam Yojana?
In Budget 2023, Union Finance Minister Nirmala Sitharaman announced the launch of “ PM Pranam Yojana ” to promote alternative fertilizers and the balanced use of chemical fertilizers. The Finance Minister in his speech said, “PM Program for Restoration, Awareness, Nourishment, and Amelioration of Mother Earth” (PM Pranam) will be launched to encourage states and union territories to promote balanced use of alternative fertilizers and chemical fertilizers.
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