Union Cabinet approves Rs 3.7 lakh crores for farmer-oriented schemes

The Union Cabinet has accredited a complete outlay of Rs 3.70 lakh crore geared toward benefitting farmers via schemes, Union Minister Mansukh Mandaviya stated right here on Wednesday.

Addressing a press convention Union Health Minister stated, “Prime Minister Narendra Modi today approved a total outlay of Rs 3.70 lakh crore for farmers; the package has different components that are focused on the well-being and economic betterment of farmers by promoting sustainable agriculture.”

“The cabinet has approved the Urea Subsidy Scheme to ensure constant availability of urea to the farmers at the same price of Rs 242/45 kg bag excluding taxes and neam coating charges. Out of the above-approved package, Rs. 3,68,676.7 crore have been committed for urea subsidy for three years (2022-23 to 2024-25),” he stated as he highlighted the approval of the Urea Subsidy Scheme, which ensures a constant provide of urea to farmers at a hard and fast value.

Furthermore, he mentioned the approval of the PM Programme for Restoration, Awareness Generation, Nourishment, and Amelioration of Mother Earth (PMPRANAM) as one other facet of the scheme.

“Promoting natural/organic farming, alternate fertilizers, and innovations like Nano Fertilizers and bio-Fertilizers can help in restoring the fertility of our Mother Earth. Thus, it was announced in the Budget that “PM Programme for Restoration, Awareness Generation, Nourishment and Amelioration of Mother – Earth (PMPRANAM)” will probably be launched to incentivize States and Union Territories to advertise alternate fertilizers and balanced use of chemical fertilizers,’ he added.

He additional stated that one other initiative of the bundle is that the Sulphur coated Urea (Urea Gold) is being launched within the nation for the primary time. It is extra economical and environment friendly than the at present used Neem coated urea.

Mandaviya additionally talked concerning the Pradhan Mantri Kisan Samruddhi Kendras (PMKSKs) and stated it has touched one lakh.
“PMKSKs have already come up in the country. For the convenience of farmers, farm inputs are being provided as a one-stop solution for all needs of farmers,” he stated.

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