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With reference to Mangrove Initiative for Shoreline Habitats and Tangible Income (MISHTI), which of the following statements is/are correct ?
1. It was initiated in 2019.
2. It aims to restore Mangrove forests.
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Explanation
The Mangrove Initiative for Shoreline Habitats and Tangible Income (MISHTI) was announced by the Government of India in the Union Budget 2023-24 and officially launched on World Environment Day, June 5, 2023. Therefore, Statement 1 is incorrect as it was not initiated in 2019.
The primary objective of the MISHTI scheme is to facilitate mangrove plantation and restoration along India's coastline and on salt pan lands. Mangroves act as natural bio-shields against coastal disasters like cyclones and storm surges, while also providing significant carbon sequestration benefits. The initiative is implemented through the convergence of MGNREGS, the CAMPA Fund, and other available resources. Thus, Statement 2 is correct.
SIMILAR QUESTIONS
With reference to the "G20 Common Framework", consider the following statements : 1. It is an initiative endorsed by the G20 together with the Paris Club. 2. It is an initiative to support Low Income Countries with unsustainable debt. Which of the statements given above is/are correct ?
With reference to "India - Australia Economic Co-operation and Trade Agreement (Ind - Aus ECTA)," which of the following statements is/are correct ?
1. This is a first-of-its-kind initiative of FTAs.
2. The meeting was attended by the Commerce Secretary of India, Shri Sunil Barthwal.
Select the correct answer using the codes given below :