Page 25 - NIS English 16-31 February,2023

COVER STORY

First General Budget of Amrit Kaal

ENERGY STORAGE PROJECTS

To propel the economy toward sustainable development, the
government will assist in the establishment of a 4,000 MWH
battery energy storage system. For this, a detailed outline
will also be prepared for pumped storage projects.

A budget of Rs 35,000 crore has been earmarked for capital investments
in energy transition, net zero goals, and energy security

GOBARDHAN YOJANA
RENEWABLE ENERGY EVACUATION:
Rs 20,700 crore will be invested Farmers and the environment will
in the construction of an benefit from it.
interstate transmission system n The primary goal of the Gobardhan Yojana,
for the evacuation of 13 GW of which was launched to increase farmer
renewable energy in Ladakh. income, is to promote cleanliness by
This project will receive a Rs reducing agricultural waste while also
8300 crore contribution from the providing farmers with employment.
central government.
n The central government will set
GREEN CREDIT PROGRAMME: up 500 new "waste to wealth"
A Green Credit Program plants under the Gobardhan (Galvanizing Organic Bio-Agro
will be launched under the Resources Dhan) scheme to promote a circular economy.
Environment (Protection) Act to n Under the scheme, 200 Compressed Biogas (CBG) plants
encourage behavioural change will be covered with an investment of Rs 10,000 crore.
in the general public. Under
this, not only will common INDIAN NATURAL FARMING BIO-INPUT RESOURCE CENTRE
citizens, businesses, and local n Over the next three years, one crore farmers will be assisted
governments be encouraged in making the transition to natural farming.
to engage in environmentally
sustainable activities, but there n For this, 10,000 Bio-input Processing centres will be set up,
is also a provision to help raise which will create a distributed micro fertiliser and pesticide
additional resources for such manufacturing network at the national level.
activities. n MISHTI: The government is determined to build on India's
success in the forestry sector. For this, an initiative named
PM-PRANAM: As part of the "Mangrove Initiative for Shoreline Habitats and Tangible
PM-PRANAM initiative, i.e., the Income" (MISHTI) has been taken. Under this initiative,
PM Program for Restoration, mangrove plantations will be done in coastal areas with the
Awareness, Nourishment, and help of coordination between institutions like MGNREGA
Amelioration of Mother Earth, and CAMPA.
states and union territories will n AMRIT DHAROHAR: This will promote unique conservation
be encouraged to promote the values. The scheme will be implemented over 3 years
balanced use of alternative and to promote optimum use of wetlands and enhance bio-
chemical fertilisers. diversity, carbon stocks, eco-tourism opportunities, and
income for local communities.

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