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GOVERNMENT POLICIES AND SCHEMES - February 2023

Feb 2023

Feb 06, 2023

Punjab Cabinet Approves New Industrial and Electric Vehicle Policies

  • The Punjab Cabinet under the chairmanship of Chief Minister Bhagwant Mann approved new industrial and electric vehicle policies.
  • The approval of both the policies came days ahead of an investors' summit to be organised by the state government on February 23-24 in Mohali.

Feb 03, 2023

Government Extends PM-KUSUM Scheme till March 2026

  • The government extended PM-KUSUM scheme till March 2026 as its implementation was significantly affected due to the pandemic.
  • Launched in 2019, Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) is aimed at adding solar capacity of 30,800 MW by 2022 with total central financial support of Rs. 34,422 crore, including service charges to the implementing agencies.
  • The scheme consists of three components—Component A is for installation of 10,000 MW of solar capacity by installing small power plants of capacity up to 2 MW, component B aims at installation of 20 lakh standalone solar-powered agriculture pumps and component C is for solarisation of 15 lakh grid-connected agriculture pumps.

Feb 02, 2023

Amrit Dharohar Scheme

  • Finance Minister Nirmala Sitharaman's budget speech introduced schemes and policies aimed at ecological conservation. Targeting an array of different issues, these schemes come with the promise of preserving India's ecological health.
  • This is part of a larger "green push" with focus on the environment and climate change.
  • One of the schemes is the Amrit Dharohar scheme that will be implemented over the next three years to encourage optimal use of wetlands, and enhance bio-diversity, carbon stock, eco-tourism opportunities and income generation for local communities.
  • Amrit Dharohar will emphasise on the importance of wetlands and their preservation, with an outlook that is inclusive of local communities as caretakers of the ecosystem.
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