GOBARdhan scheme to promote circular economy with investment of Rs 10,000 crore: FM

Farmers listen to the radio broadcast of FM Nirmala Sitharaman presenting the Union Budget 2023-24. credit: PTI Photo

Finance Minister Nirmala Sitharaman on Wednesday announced the GOBARdhan scheme for promoting circular economy with total investment of Rs 10,000 crore.

Presenting the Union Budget for 2023-24, she also said the government will facilitate 1 crore farmers to adopt natural farming. Besides, the government will take up mangrove plantation along the coastline under the new MISHTI scheme, she added.

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Sitharaman also said the government would promote conservation values through a scheme to encourage optimal use of wetlands.

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Further, a green credit programme will be notified to incentivise environmentally sustainable and responsible actions by companies, she said.