Economics • Indian EconomyMedium
The 'PM-PRANAM' scheme, launched by the Government of India, is primarily designed to achieve which of the following objectives?
A. Promote the balanced use of chemical fertilizers alongside alternative organic fertilizers.✓ Correct Answer
B. Provide financial assistance for organic farming in aspirational districts.
C. Subsidize the import of micro-irrigation equipment for small farmers.
D. Enhance agricultural credit availability through digital public infrastructure.
💡 Solution & Explanation
The PM-PRANAM initiative seeks to promote the balanced application of chemical fertilizers alongside alternative organic nutrients to restore soil health across Indian agriculture. Alternative choices regarding micro-irrigation subsidies or digital agricultural credit pertain to entirely separate central sector schemes. This program incentivizes states to reduce chemical fertilizer subsidies by adopting sustainable biological alternatives.
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