Context:
Cabinet Committee on Economic Affairs (CCEA) has recently approved the PM-PRANAM scheme.
PM-PRANAM (PM Programme for Restoration, Awareness Generation, Nourishment, and Amelioration of Mother-Earth):
- Aim – To encourage the sustainable use of fertilizers, and promoting organic and natural farming.
- Nodal agency – Ministry of Chemicals and Fertilizers.
- Launched in – Union Budget 2023–24.
- All States/UTs are covered under the scheme.
- Funding – No separate budget and will be financed by the savings of existing fertilizer subsidy.
- Allocation –
- If a State/UT reduces its chemical fertilizer consumption in a financial year compared to the previous 3 years’ average, 50% of the saved subsidy will be granted to that State/UT.
- 70% of the grant provided under the scheme can be used for asset creation related to technological adoption of alternate fertilisers.
- 30% grant money can be used for incentivizing farmers, panchayats, farmer producer organizations, self-help groups, etc.
Source: PIB
Previous Year Question
With reference to the ‘New York, Declaration on Forests’, which of the following statements are correct?
1. It was first endorsed at the United Nations Climate Summit in 2014.
2. It endorses a global timeline to end the loss of forests.
3. It is a legally binding international declaration.
4. It is endorsed by governments, big companies and indigenous communities.
5. India was one of the signatories at its inception.
Select the correct answer using the code given below.
[UPSC Civil Services Exam – 2021 Prelims]
(a) 1, 2 and 4 only
(b) 1, 3 and 5 only
(c) 3 and 4 only
(d) 2 and 5 only
Answer: (a)
