FM Sitharaman said that the government will take up mangrove plantations along the coastline under the new MISHTI scheme. Mishti means sweetmeats in Bengali.
Finance Minister Nirmala Sitharaman is presenting the Union Budget 2023-24. The FM began the presentation in Lok Sabha at 11 am today. During her speech, the Finance Minister announced the MISHTI scheme.
FM Sitharaman said that the government will take up mangrove plantations along the coastline under the new MISHTI scheme. Mishti means sweetmeats in Bengali.
The Mishti scheme is aimed at preserving mangroves.
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Mangrove Initiative for Shoreline Habitats & Tangible Incomes', MISHTI, is to be taken up for mangrove plantation along the coastline and on salt pan lands, through convergence between MGNREGS, CAMPA Fund, and other sources.
Prime Minister Narendra Modi on Wednesday said the first budget of the "amrit kaal" provides the foundation to fulfill the resolve for a developed India while giving priority to deprived sections of the society as well. In his first reaction to the Budget presented by Finance Minister Nirmala Sitharaman, Modi said it will fulfill the dreams of the aspirational society, farmers, and middle class. The middle class is a big force to fulfil dreams of a prosperous and developed India and our government has taken many decisions to empower it, the prime minister said.
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Touching on various aspects of the budget, he said the success of digital payments has to be replicated in the agriculture sector and a scheme has been brought for laying down digital infrastructure for it It will make cooperatives pivot of development of the rural economy, he said. "An unprecedented investment of Rs 10 lakh crore in infrastructure will give speed and new energy to development," he said.
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 "Union Budget 2023: FM Nirmala Sitharaman announces new MISHTI scheme, know about this scheme here")
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