Question

The PM-PRANAM scheme was introduced to promote the use of biofertilizers and organic fertilizers, thereby reducing the reliance on chemical fertilizers. The scheme aims to lower the subsidy burden on chemical fertilizers and encourage sustainable agricultural practices. Which of the following statements about the PM-PRANAM scheme is not correct ?

A The scheme aims to promote the use of biofertilizers and organic fertilizers to enhance soil fertility and reduce environmental pollution.
B The scheme has a separate allocated budget under the Ministry of Chemicals & Fertilizers to support its implementation.
C The financing of the scheme will come from savings generated from existing fertilizer subsidies.
D States can use 70% of the grant received under the scheme to create assets related to the production of alternative fertilizers.
E The remaining 30% of the grant can be used to reward and encourage farmers and stakeholders involved in fertilizer reduction.
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