Government clears Rs. 3.7 lakh crore agri package

  • June 29, 2023
  • Posted by: OptimizeIAS Team
  • Category: DPN Topics
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Government clears Rs. 3.7 lakh crore agri package

Subject :Schemes

Key points:

  • Several farm sector measures have been announced by the government, including enhancement of sugarcane fair and remunerative price (FRP).
  • 3.69 lakh crore has been committed for the urea subsidy for three years (2022-23 to 2024-25).
  • The package also includes a Rs. 1,451.84 crore outlay un der the market development assistance (mda) for promoting organic fertilizers from gobardhan plants.
  • The cabinet gave its nod for the PM Programme for Restoration, Awareness Generation, Nourishment and Amelioration of Mother Earth (PM PRANAM) to encourage balanced use of chemical fertilizers.
  • Introduction of sulphur coated urea or urea gold was announced, meant to address sulphur deficiency in soil and save farmers input costs
Government clears Rs. 3.7 lakh crore agri package Schemes