What's New :
Gist of India Year Book (IYB) 2024. Download Here...
Thematic Current Affairs Compilation. Download here...

PM PRANAM

  • Published
    23rd Sep, 2022
Context

The Union government intends to launch a scheme — named PM PRANAM — to reduce the use of chemical fertilizers by incentivising states.

About

What is in the proposed scheme?

  • PM PRANAM is short for PM Promotion of Alternate Nutrients for Agriculture Management Yojana.
  • The scheme aims to:
    • to reduce the use of chemical fertilisers
    • to bring down the subsidy burden on chemical fertilisers, 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.
  • The move is in line with the government’s focus on promoting a balanced use of fertilisers or alternative fertilisers in the last few years.

About Indian Fertilizer Sector

  • Indian soils are generally deficient in nitrogen, phosphorus, and potassium and do not give high yields. Hence, the need for fertilizers. 
  • Green Revolution (Use of chemical fertilizers was one component)has made a significant impact on Indian agriculture. 
    • Thus, India was able to achieve self-sufficiency in food production.
  • Fertilizer Manufacturing Sectors
    • Fertilizer Manufacturing Companies (PSUs): National Fertilizers Limited, Rashtriya Chemicals & Fertilizers Limited, etc
    • Fertilizer Manufacturing Co-operatives: IFFCO, KRIBHCO, etc
    • Position in the World:3rd in terms of production and 2nd in terms of consumption
    • Decision-Making Body: Department of Fertilizers, Ministry of Chemicals & Fertilizers, Govt of India
  • India is among the world’s largest buyers of fertiliser, besides China, Brazil, and the US.
  • India imports four types of fertilisers:
    • Urea
    • diammonium phosphate (DAP)
    • muriate of potash (MOP)
    • nitrogen-phosphorous-potassium (NPK)

Important Government Initiatives and Schemes

  • “One Nation One Fertiliser” scheme: The scheme would be done by introducing a “Single Brand for Fertilisers and Logo” under the fertiliser subsidy scheme named “PradhanmantriBhartiyaJanurvarakPariyojna” (PMBJP).
  • The scheme would extend to all four fertilisers – Urea, Di-Ammonium Phosphate, Muriate of Potash and complex NPK – with BHARAT pre-fixed.
  • Neem Coating of Urea: The Department of Fertilizers (DoF) has made it mandatory for all the domestic producers to produce 100% urea as Neem Coated Urea (NCU).
  • New Urea Policy (NUP) 2015:Objectives of the policy are-
    • To maximize indigenous urea production.
    • To promote energy efficiency in the urea units.
    • To rationalize the subsidy burden on the Government of India.
  • Policy on Promotion of City Compost:The Government of India approved a policy on promotion of City Compost, notified by the DoF in 2016 granting Market Development Assistance of Rs. 1500/- for scaling up production and consumption of city compost.
  • Nutrient Based Subsidy (NBS) Scheme:It has been implemented from April 2010 by the DoF. Under NBS, a fixed amount of subsidy decided on an annual basis, is provided on each grade of subsidized Phosphatic&Potassic (P&K) fertilizers depending on its nutrient content.
GS Mains Classes GS Classes 2024 GS Classes 2024 UPSC Study Material

Verifying, please be patient.

Our Centers

DELHI (Karol Bagh)

GS SCORE, 1B, Second Floor, Pusa Road, Karol Bagh, New Delhi - 110005 (Beside Karol Bagh Metro Station Gate No. 8)

Get directions on Google Maps

BHUBANESWAR (Jaydev Vihar)

GS SCORE, Plot No.2298, Jaydev Vihar Square, Near HCG Day Care, BBSR - 751013

Get directions on Google Maps

LUCKNOW (Aliganj)

GS SCORE, 2nd Floor, B-33, Sangam Chauraha, Sector H, Aliganj, Lucknow, UP - 226024

Get directions on Google Maps

Enquire Now