Raipur, India (Chhattisgarh), March 21 (ANI): The “Mukhyamantri Vriksh Sampada Yojana” of the state government was formally launched on Monday by Chhattisgarh Chief Minister Bhupesh Baghel in celebration of the International Day of Forests.
The program includes industrial plantations in Chhattisgarh.
The project aims to raise farmers’ incomes and encourage commercial plantings on their properties with their permission, Baghel has announced the introduction of this initiative.
According to the government’s official announcement, 15 billion trees will be planted on 180,000 acres of land over the next five years.
Farmers, willing landowners, government, semi-government, autonomous institutions, private educational institutions, private trusts, Panchayats, and land contract holders can all profit from the Mukhyamantri Vriksh Sampada Yojana.
The State Government’s goal is to plant 15 billion trees on 36,000 acres of land in five years, according to the statement.
According to the proposal, the State Government would offer a 100% financial subsidy for tree planting on plots of land up to 5 acres in size and a 50% financial subsidy for planting trees on plots larger than 5 acres.
The minimum purchase price for the marketing of approved tree species will be set by the government.
The statement states that after five years, all tree species planted will likely cost Rs 10,000 crores.
With the help of this scheme, farmers might earn between Rs. 15000 and Rs. 50000 per acre of land yearly.
It was also said that farmers will get extra money through carbon credits.
A total of 30 thousand acres of land with 19,653 beneficiaries have been recorded under the project for tree planting.
According to a government official, this project will be open to all willing landowners.
All interested landowners will be approved under this scheme.
Also, government, semi-government, and private institutions of the government that choose to invest in plantation projects on their own property will also be qualified.
In addition, land contract holders, private trusts, non-governmental groups, Panchayats, and private educational institutions that are willing to plant trees on their property will be eligible.
The Mukhyamantri Vriksh Sampada Yojana’s main goal is to promote commercial tree planting across the state.
All farmers’ holdings would be used for commercial planting under this proposal. Panchayats and autonomous institutions will also be involved.
The statement states that after that, plans will be created for helping groups and private corporations to purchase Forest products at a specified support price.
Also, a well-organized and efficient market system will be created for the convenience of all stakeholders, according to the official release. (ANI)
This report was created automatically by the ANI news agency. ThePrint is not responsible for its contents.
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