Question

Difficulty: MediumEconomic Developments, Union & State Budgets, and Economic Surveys

Match the flagship economic initiatives highlighted in recent Union Budgets (List I) with their respective primary focus and objectives (List II).

  • PM Gati ShaktiMultimodal connectivity infrastructure for seamless logistics and economic zones
  • PM-PRANAMPromotion of alternative fertilizers and reduction of chemical fertilizer usage
  • MISHTIMangrove plantation and conservation along coastlines and salt pan lands
  • PM-VIKASComprehensive support, skill training, and market integration for traditional artisans

Answer

PM Gati Shakti pairs with Multimodal connectivity infrastructure; PM-PRANAM pairs with Promotion of alternative fertilizers; MISHTI pairs with Mangrove plantation along coastlines; and PM-VIKAS pairs with Comprehensive support for traditional artisans.
Each initiative corresponds directly to its sectoral mandate introduced in recent Union Budgets: PM Gati Shakti focuses on multimodal infrastructure connectivity, PM-PRANAM targets alternative fertilizer promotion, MISHTI facilitates coastal mangrove ecological restoration, and PM-VIKAS provides holistic support to traditional artisans.

Step-by-Step Solution

1
Identify the mandate of PM Gati Shakti
PM Gati Shakti is focused on integrated infrastructure planning and multimodal transport logistics.
It addresses infrastructural bottlenecks to lower overall logistics costs in the economy.
2
Identify the goal of PM-PRANAM
PM-PRANAM targets balanced soil nutrition by promoting bio-fertilizers and reducing chemical fertilizer subsidy burdens.
The scheme encourages state-level adoption of eco-friendly agricultural inputs.
3
Identify the domain of MISHTI
MISHTI focuses on mangrove plantation across India's coastline using convergence of funds.
It aims to protect coastal bio-shields and generate sustainable eco-tourism incomes.
4
Identify the target beneficiaries of PM-VIKAS
PM-VIKAS is tailored to traditional craftspeople (Vishwakarmas) to improve product quality, branding, and market access.
It provides financial inclusion and skill enhancement for micro-level artisans.

Key Concept

Flagship Budgetary Initiatives and Sectoral Allocations
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