Budget 2023: FM Sitharaman announces PM PRANAM scheme to push states to promote alternative fertilisers

Sitharaman said, “PM Program for Restoration, Awareness, Nourishment and Amelioration of Mother Earth (PM PRANAM) will be launched to incentivise states and union territories to promote alternative fertilisers and balanced use of chemical fertilisers.”

The government will launch a new scheme—PM PRANAM—to “incentivise” states and Union Territories to promote alternative fertilisers and balanced use of chemical fertilisers, Finance Minister Nirmala Sitharaman announced in her Budget speech Wednesday.

Sitharaman said, “PM Program for Restoration, Awareness, Nourishment and Amelioration of Mother Earth (PM PRANAM) will be launched to incentivise states and union territories to promote alternative fertilisers and balanced use of chemical fertilisers.”

In September last year, The Indian Express had reported that the government plans to introduce a new scheme – PM PRANAM—to reduce the use of chemical fertilisers in the country.

The idea of the PM PRANAM was mooted by the Union Ministry of Chemicals & Fertilisers. The fertilisers ministry officials had shared the details of the proposed scheme with the state government officials during the National Conference on Agriculture for Rabi Campaign-2022 held on September 7. However, at that time the full form of the PM PRANAM was mentioned as ‘PM Promotion of Alternate Nutrients for Agriculture Management Yojana.’

Under the PM-PRANAM, the Centre plans to incentivise the states for reducing the use of chemical fertilisers and ultimately bring down the subsidy burden, which is estimated to reach Rs 2.25 lakh crore in 2022-23—39 per cent higher than last year’s figure of Rs 1.62 lakh crore.

Union Budget 2023: All you need to know

Harikishan Sharma, Senior Assistant Editor at The Indian Express' National Bureau, specializes in reporting on governance, policy, and data. He covers the Prime Minister’s Office and pivotal central ministries, such as the Ministry of Agriculture & Farmers’ Welfare, Ministry of Cooperation, Ministry of Consumer Affairs, Food and Public Distribution, Ministry of Rural Development, and Ministry of Jal Shakti. His work primarily revolves around reporting and policy analysis. In addition to this, he authors a weekly column titled "STATE-ISTICALLY SPEAKING," which is prominently featured on The Indian Express website. In this column, he immerses readers in narratives deeply rooted in socio-economic, political, and electoral data, providing insightful perspectives on these critical aspects of governance and society. ... Read More

The government will launch a new scheme—PM PRANAM—to “incentivise” states and Union Territories to promote alternative fertilisers and balanced use of chemical fertilisers, Finance Minister Nirmala Sitharaman announced in her Budget speech Wednesday.

Sitharaman said, “PM Program for Restoration, Awareness, Nourishment and Amelioration of Mother Earth (PM PRANAM) will be launched to incentivise states and union territories to promote alternative fertilisers and balanced use of chemical fertilisers.”

In September last year, The Indian Express had reported that the government plans to introduce a new scheme – PM PRANAM—to reduce the use of chemical fertilisers in the country.

The idea of the PM PRANAM was mooted by the Union Ministry of Chemicals & Fertilisers. The fertilisers ministry officials had shared the details of the proposed scheme with the state government officials during the National Conference on Agriculture for Rabi Campaign-2022 held on September 7. However, at that time the full form of the PM PRANAM was mentioned as ‘PM Promotion of Alternate Nutrients for Agriculture Management Yojana.’

Under the PM-PRANAM, the Centre plans to incentivise the states for reducing the use of chemical fertilisers and ultimately bring down the subsidy burden, which is estimated to reach Rs 2.25 lakh crore in 2022-23—39 per cent higher than last year’s figure of Rs 1.62 lakh crore.

Union Budget 2023: All you need to know