Question
What is the initiative introduced in 2023 that focuses
on reducing fertilizer consumption and creating awareness?Solution
In 2023, the initiative called PM PRANAM was introduced. It aims to reduce fertilizer consumption by promoting alternate fertilizers and creating awareness. The scheme utilizes savings from existing fertilizer subsidies and provides grants to states for technological adoption, asset creation, and rewarding stakeholders involved in fertilizer reduction and awareness generation.
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Recently RBI launches the first pilot project for central bank digital currency (CBDC), also known as digital rupee or e-rupee, the central bank has id...
