Modi Cabinet Selections: The cupboard assembly was held on Wednesday (June 29) below the chairmanship of Prime Minister Narendra Modi. On this assembly, the Modi cupboard took selections associated to the PM Pranam Yojana associated to farmers, the worth of sugarcane and the institution of the National Research Foundation.
After the cupboard assembly, Union Minister Anurag Thakur instructed that the National Research Foundation Invoice 2023 might be introduced in Parliament for the institution of the National Research Foundation (NRF). Science and Engineering Research Board Act 2008 might be repealed.
What is going to occur in PM Pranam scheme?
The Heart on Wednesday accepted a brand new scheme PM-PRANAM to encourage states to advertise various fertilizers and scale back the usage of chemical fertilizers. Additionally determined to proceed the present urea subsidy scheme until March 2025 with an outlay of Rs 3.68 lakh crore.
As well as, the Cabinet Committee on Financial Affairs (CCEA) chaired by Prime Minister Narendra Modi accepted an outlay of Rs 1,451 crore subsidy for promotion of natural manure. This took the whole bundle to greater than Rs 3.70 lakh crore. The CCEA additionally determined to introduce sulphur-coated urea (Urea Gold) for the primary time within the nation to handle the sulfur deficiency within the soil.
After the cupboard assembly, Fertilizer Minister Mansukh Mandaviya stated that the CCEA has accepted the PM-PRANAM (PM’s Program for the Restoration, Consciousness, Creation, Nurture and Enchancment of Earth) scheme. He stated that the target of PM-Pranam is to save lots of soil and promote sustainable balanced use of fertilizers. The scheme includes the participation of state governments.
Mandaviya stated that below the scheme, the states which undertake various fertilizers might be incentivized with subsidy to be saved by decreasing the usage of chemical fertilizers.
What was the worth of sugarcane earlier?
The federal government on Wednesday elevated the Truthful and Remunerative Price (FRP) of sugarcane to Rs 315 per quintal for the 2023-24 season. FRP is the minimal worth that sugar mills need to pay to sugarcane farmers.
Data and Broadcasting Minister Anurag Thakur stated that the Cabinet Committee on Financial Affairs determined to extend the minimal worth of sugarcane. The FRP of sugarcane has been fastened at Rs 315 per quintal for the session 2023-24. Within the final season, the minimal worth of sugarcane was Rs 305 per quintal.
In line with information company PTI, Thakur stated that the Prime Minister is all the time with the ‘Annadata’. The federal government has all the time been giving precedence to agriculture and farmers. He claimed that the minimal worth of sugarcane was Rs 210 per quintal in 2014-15. Now it has elevated to Rs 315 per quintal in 2023-24. He described PM Modi’s go to to America and Egypt as historic.
Why is NRF being established?
The Union Cabinet on Wednesday (June 28) accepted the proposal to arrange the National Research Foundation (NRF) to advertise analysis within the nation. After the assembly, Data and Broadcasting Minister Anurag Thakur stated {that a} steering committee might be fashioned to offer excessive stage strategic impetus to the actions of the proposed basis.
Thakur stated that it’s going to have 15 to 25 eminent researchers and professionals as its members. PM Modi will head the steering committee. He knowledgeable that an government council can even be fashioned below the chairmanship of Principal Scientific Advisor.
Thakur stated that for this, 50 thousand crore rupees might be made out there for a interval of 5 years from 2023-24 to 2027-28. Out of this, 14 thousand crore rupees might be given by the Authorities of India whereas 36 thousand crore rupees might be collected from business, public sector enterprises, charitable donations and many others.
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Rajneesh Singh is a journalist at Asian News, specializing in entertainment, culture, international affairs, and financial technology. With a keen eye for the latest trends and developments, he delivers fresh, insightful perspectives to his audience. Rajneesh’s passion for storytelling and thorough reporting has established him as a trusted voice in the industry.
