Annual climate finance of $100B a must: BASIC meet

by | Aug 18, 2019 | Environment, Sustainability

BASIC ministers, meeting on climate change in São Paulo, Brazil, have urged developed countries to fulfill their climate finance commitments of mobilizing USD 100 billion annually by 2020 for developing countries.
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In the run-up to the United Nations Framework for Climate Change (UNFCC) Conference of Parties (COP-25) meet to be held later in the year from 2 to 13 December, the BASIC countries held its 28th Ministerial meeting on Climate Change from 14 to 16 August in São Paulo, Brazil.

India which was represented by Union Minister for Environment, Forest and Climate Change, Prakash Javadekar said that BASIC countries coming together and putting views together is an important aspect of UN negotiations. “Brazil, South Africa, India and China put together has one-third of world’s geographical area and nearly 40% of the world’s population and when we unitedly speak in one voice this shows our determination and the BASIC Group could play an important part in making Paris agreement accepted by all the countries in its true letter and spirit,” stressed Javadekar.

Javadekar further added that BASIC will be united and will speak in one voice and the joint statement issued today has highlighted all the issues which are relevant today and the world must take note of what BASIC is saying ,on the eve of United Nations Session on Climate Change and the next Conference of Parties (CoP25) in Chile.

The text of the joint statement follows (Joint Statement issued at the conclusion of the 28th BASIC Ministerial Meeting on Climate Change, São Paulo, Brazil, 16 August 2019):

1. The 28th BASIC Ministerial Meeting on Climate Change was held in Brasília and São Paulo, Brazil, on 14 and 16 August 2019. The meeting was chaired by H.E. Mr. Ricardo Salles, Minister of the Environment of Brazil and attended by H.E. Mr. XIE Zhenhua, Special Representative for Climate Change Affairs of the People’s Republic of China, H.E. Ms. Barbara Creecy, Minister of Environment, Forestry and Fisheries of the Republic of South Africa, and H.E. Mr. Prakash Javadekar, Minister for Environment, Forest and Climate Change of the Republic of India.

2. The BASIC Ministers expressed their concern for climate change and its adverse effects and reaffirmed their commitment to the successful implementation of the United Nations Framework Convention on Climate Change (UNFCCC), its Kyoto Protocol and its Paris Agreement, based on the recognition of the needs and special circumstances of developing countries and in accordance with the principles of Equity and Common But Differentiated Responsibilities and Respective Capabilities (CBDR-RC), in the light of different national circumstances. Ministers stated the importance of responsible, comprehensive, urgent and ambitious actions against climate change, including in the urban environment.

3. The Ministers stressed their support for the UNFCCC and its instruments, which remain the preeminent international forum for negotiating and addressing matters related to climate change. The BASIC countries reiterated their support for multilateralism, having made constructive engagements and significant contributions towards a series of milestones under the UNFCCC. They highlighted their determination to continue to work together with other Parties to further the process under the UNFCCC, which is irreversible.

4. Ministers underlined that BASIC countries are implementing ambitious climate action both in the pre-2020 period and in their proposed NDCs, having achieved substantial progress, notwithstanding the multiple challenges they face in terms of social and economic development and poverty eradication. They are committed to sharing best practices and supporting each other through south-south cooperation as they further develop their domestic climate policies and actions. They underscored that global climate action must promote climate justice by recognition of the fundamental right of all people in accessing economic growth and sustainable development.

5. Ministers took note of the synthesis report on pre-2020 implementation and ambition published by the UNFCCC Secretariat in September 2018. The Ministers highlighted the significant gaps in pre-2020 climate efforts not only in mitigation, but also in adaptation and support to developing countries. They underlined that time is of the essence for any meaningful pre-2020 action and that the implementation gaps should not present a burden to developing countries in the post-2020 period. They also urged developed countries to undertake ambitious actions to reduce emissions and fulfill their finance commitments, including in the pre-2020 period, in light of their historical responsibilities.

6. The 185 ratifications, to date, of the Paris Agreement were welcomed by BASIC Ministers. They called on all remaining Parties to UNFCCC to join the Paris Agreement as soon as possible. Ministers also welcomed the 130 ratifications, to date, of the Doha Amendment to the Kyoto Protocol and recalled that only 14 acceptance instruments are outstanding for the amendment to enter into force. They urged Parties that have not yet done so to ratify the Doha Amendment to the Kyoto Protocol as soon as possible, to ensure its prompt entry into force, given the valuable contribution it could make to global climate action leading up to 2020.

7. Ministers appreciated the role of the Polish Presidency, commending its contribution to the UNFCCC process, particularly the decisions adopted in Katowice, during COP 24, CMP 14 and CMA 1, including the bulk of the Paris Agreement Work Programme. They pledged the group’s full support to the incoming Chilean Presidency of COP 25 and emphasized the importance of moving forward and reaching concrete results in Santiago, which is a crucial opportunity for closing the action and ambition gaps before 2020.

8. Ministers reiterated their commitment to work together with all Parties in an open, transparent, inclusive and Party-driven manner to achieve a balanced and comprehensive outcome on all remaining items of the Paris Agreement Work Programme.

9. Ministers emphasized that the UNSG´s Climate Action Summit, to be held in September of this year, should be fully respectful of the principles and provisions of the UNFCCC, its Kyoto Protocol and its Paris Agreement, as well as existing aims, targets and mandates. They look forward for the Summit to send a strong political signal for global low-carbon, climate resilient and sustainable development and produce positive outcomes for pre-2020 ambition and implementation support for developing countries. The Ministers applauded the UN Secretary General’s efforts to build political momentum for enhancing climate action and support.

10. Ministers took note of the findings of the Intergovernmental Panel on Climate Change (IPCC) Special Report on global warming of 1.5 °C and the Special Report on Climate Change and Land, which highlights the high vulnerability of developing countries to climate change effects, high resultant costs of adaptation and unprecedented transitions required in the development process.

11. Ministers urged developed countries to provide adequate and predictable means of implementation to developing countries to enable them to achieve their climate goals. In this respect, developed countries are called upon to enhance support to developing countries for actions related to project or programme development and implementation, including on adaptation, mitigation and transparency. This must be done through adequate provision of finance, technology transfer, and capacity building to facilitate the effective implementation of the Convention, its Kyoto Protocol and its Paris Agreement.

12. Ministers reaffirmed that adaptation is a key imperative for developing countries and requires an urgent global response. They emphasized the importance of the provision of enhanced as well as predictable support for adaptation from developed countries to developing countries, recognizing the adaptation efforts of developing country Parties.

13. Ministers stressed that the enhanced transparency framework established by the Paris Agreement should facilitate exchange of information, best practices, as well as address the needs faced by developing countries, ensuring the required flexibility. Ministers underlined the significant challenges of developing countries on transparency-related capacities and urged developed countries to provide new, additional, adequate and timely finance support in this regard.

14. Ministers noted with concern the trend of developing countries being denied their right to support in different fora, including the Green Climate Fund (GCF) and the Global Environment Facility (GEF). They stressed in this regard that climate finance should not be a vehicle for increasing the indebtedness of developing countries.

15. The BASIC Ministers urged developed countries to fulfill their climate finance commitments of mobilizing USD 100 billion annually by 2020 for developing countries in a transparent manner and on a grant basis. This support should be new and additional, and over and above their 0.7% of GNP commitment with respect to Official Development Assistance (ODA). They noted with concern the insufficiency and inadequacy of the support provided by developed countries to date.

16. They stressed that the 2020 deliberations on the new collective quantified goal on finance should be based on the lessons drawn from experience relating to meeting the USD 100 billion pledge, informed by the needs of developing countries and adequate to meet the ambition. In this regard, they stressed the importance of establishing a structured deliberation within the UNFCCC, in order to conclude this work.

17. Ministers restated that a new collective quantified goal on finance by developed countries, with a significant publicly funded component, is one of the crucial signals that the regime under the UNFCCC must give to investors, both public and private, in order to match the urgency of climate change. Securing scaled-up, adequate and proper means and resources for developing countries is indispensable to enable them to meet their commitments and implement the Paris Agreement.

18. Ministers expressed the expectation that the first replenishment of the Green Climate Fund by the end of 2019 will double the initial resource mobilization pledge, ensuring that financial contributions by developed countries match the ambition, needs and priorities of developing countries.

19. The BASIC group underscored the importance of concluding the discussions on Article 6 of the Paris Agreement, one of the remaining issues from the Katowice package of decisions, which will assist those participating in implementing the Agreement in a cost effective manner. The Ministers recalled that decisions on other subjects should not pre-empt discussions under Article 6 and expressed their expectation of reaching a satisfactory outcome on this matter in December, at the Santiago COP. They underlined that Parties should address the Article 6 issues in a balanced and inclusive manner, including the issue of transition of projects under the Clean Development Mechanism. They highlighted that Parties have a strong foundation for future work on Article 6 and that it is important to conclude work in accordance with the mandates set out in the Paris Agreement and the accompanying decision.

20. Ministers noted the work of International Maritime Organization (IMO) and International Civil Aviation (ICAO) on reduction of carbon emissions and underscored that work being undertaken by IMO and ICAO must complement the UNFCCC, its Kyoto Protocol and its Paris Agreement and conform to their key principles, in particular Equity and CBDR-RC.

21. Ministers highlighted the importance of mechanisms on loss and damage under the UNFCCC and urged developed country Parties to provide funding for loss and damage arising from climate change in developing countries.

22. BASIC Ministers reiterated their unequivocal commitment to support the State of Palestine, as the Chair of the Group of 77 and China, with a view to strengthening the unity of the Group of 77 and China and advancing the common interests of developing countries.

23. Ministers welcomed the offer of China to host the 29th BASIC Ministerial Meeting.

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Tracking Swachh Bharat: 5th survey launched

Tracking Swachh Bharat: 5th survey launched

Hardeep Singh Puri, Minister of State (Independent Charge) for Housing & Urban Affairs today launched the Swachh Survekshan 2020 (SS 2020), the fifth edition of the annual cleanliness survey conducted by the Ministry of Housing and Urban Affairs (MoHUA), said a PIB release. Alongside, the Swachh Survekshan 2020 Toolkit, SBM Water PLUS Protocol and Toolkit, Swachh Nagar – an integrated waste management app and AI enabled mSBM App were also launched.

The event was webcast live for states and cities to witness the launches from across the country. The event also saw the release of a special Swachh Survekhan theme song featuring Kangana Ranaut, singers Kailash Kher and Monali Thakur. Durga Shanker Mishra, Secretary, MoHUA, V.K. Jindal, Joint Secretary & Mission Director, and representatives from serval urban local bodies were also present at the launch.

Speaking at the launch event, Puri said, “Earlier this year, we had launched Swachh Survekshan League 2020 (SS League 2020) with the objective of sustaining the on ground performance of cities along with continuous monitoring of service level performance on cleanliness. Today’s event for launching the Swachh Survekshan 2020, with field survey to be conducted in January 2020, is particularly significant since it gives us the opportunity to reaffirm once again our promise for a Clean, Garbage Free and Sanitary “New India”, by not only sustaining the gains that we have made under the SBM, but also by providing a roadmap to institutionalize the concept of total Swachhata among all our cities.”

The Swachh Survekshan 2020 Toolkit launched by the Minister contains the detailed survey methodology and component indicators with scores to help cities to prepare themselves for the survey.

Durga Shanker Mishra, Secretary, MoHUA during his presentation on SS 2020 mentioned, “Every year, the Swachh Survekshan is redesigned innovatively, to ensure that the process becomes more and more robust, with focus on sustaining the changed behaviours.” He also elaborated on the key focus areas of SS 2020, and highlighted the key differentiators of SS 2020 from SS 2019.

In line with the focus on continuity and sustainability, a major focus of SS 2020 indicators, both for the quarterly and annual assessments – has been on complete faecal sludge management and waste water treatment, in line with the Government’s promise made in its election manifesto. Reiterating its commitment to the cause, the Ministry also launched the Water PLUS Protocol and the accompanying Toolkit.

Moving beyond ODF, ODF+ and ODF++, the Water PLUS protocol aims to provide a guideline for cities and towns to ensure that no untreated wastewater is released into the environment thereby enabling sustainability of the sanitation value chain. This is in line with the Government’s focus on water conversation and reuse under the Jal Shakti Abhiyan and also aligns with the Sustainable Development Goals on clean water and sanitation. The toolkit provides the detailed SBM Water Plus protocol laid down by MoHUA, along with declaration formats to be obtained from various stakeholders, that wards / work circles (in case under jurisdiction of development authority) and cities are required to submit, as part of the SBM Water Plus declaration and certification process.

SS 2020 will be conducted in January 2020. A major thrust of Swachh Survekshan has always been on citizen engagement, be it through citizen feedback or indicators involving citizen participation. This year, the citizen-centric focus has been enhanced substantially through verification of the progress made by cities on Swachhata through direct responses from citizens. Continuing with its focus on providing integrated waste management solutions to Urban Local Bodies (ULBs) and citizens, MoHUA also launched the Swachh Nagar Mobile App. This app, with features such as tracking of waste collection by ULBs through route and vehicle monitoring, notification to citizens, online collection of user fee for waste collection and an effective grievance redressal mechanism, will be the answer to several issues that hinder effective waste management such as lack of monitoring, collection of segregated waste, and tracking the movement of waste vehicles and waste pickers, amongst others.

The event also saw the launch of AI enabled mSBM App, a mobile app developed by the National Informatics Centre (NIC) that helps detect the beneficiary face and toilet seat in the photo uploaded using Artificial Intelligence (AI) model at the backend. This app will not only facilitate the applicants of Individual Household Toilets (IHHL) under SBM-U know the status of their application in real-time after uploading the photograph but also help them upload the correct photo. The App will also help the respective ULB nodal officer to verify and approve the application thereby significantly reducing the processing time for applicants. The launch event ended with the release of the Swachh Survekshan theme song. While Padmashree awardee Kailash Kher and Monali Thakur have lent their voice to the song titled ‘Swachhata Adhikar Hai’, national award winning actor, Kangana Ranaut has featured in the video.

India has revved up its sustainability drive

India has revved up its sustainability drive

Contrary to what the perception is, India is no longer pushing the climate change concerns under the carpet. In case you haven’t already noticed, India has quietly but surely accelerated its journey on the road to sustainability.

Move #1: In her maiden budget, Finance Minister Nirmala Sitharaman announced that to make electric vehicles affordable to consumers, the government will provide additional income tax deduction of Rs 1.5 lakh on the interest paid on loans taken to purchase electric vehicles. This amounts to a benefit of around Rs 2.5 lakh over the loan period to the taxpayers who take such loans. To further incentivize e-mobility, the Budget said customs duty was being exempted on certain parts of electric vehicles.

An even greater emphasis was laid on providing affordable and environment friendly public transportation options for the common man. Phase II of the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME) Scheme has an outlay of Rs 10,000 crore for a period of 3 years and has already commenced from 1 April 2019. Under the scheme, advanced battery and registered e-vehicles will be incentivized.

The Minister hoped that the inclusion of solar storage batteries and charging infrastructure in the FAME scheme would give a boost to manufacturing, which is needed for India to leapfrog and become a global hub for manufacturing of these vehicles.

The Impact: The announcement led to obvious cheers across the electric vehicles industry. Tech Mahindra, in partnership with Mahindra Logistics, announced introduction of EVs for employee transportation. The latter aims to take the tally of electric vehicles in its employee transportation fleet to 300, over the fiscal year 2020. (See: Tech Mahindra Partners with Mahindra Logistics to Introduce Electric Vehicles for Employee Transportation)

More recently, the Department of Heavy Industry has approved the sanction of 5,595 electric buses to 64 Cities, State Government Entities, and State Transport Undertakings (STUs) for intra-city and intercity operation under FAME India scheme phase II in order to give a further push to clean mobility in public transportation. (See: Soon, 5,595 new electric buses for 64 cities)

Move #2: The most significant manifestation of this drive is reflected in the recent decision of slashing of goods and services tax (GST) rates for electric vehicles and related services to 5%. While GST rate on all electric vehicles was reduced from 12% to 5%, the rate on charger or charging stations for electric vehicles be reduced from 18% to 5%. Also, hiring of electric buses of carrying capacity of more than 12 passengers by local authorities was exempted from GST.

Even more significant was the speed with which it was implemented. Within five days after the high-powered GST Council chaired by Union Finance & Corporate Affairs Minister Nirmala Sitharaman took the decision on 27 July 2019, it was implemented. The new rates thus came into effect from 1 August itself.

The Impact: The impact has been even more positive. Some stakeholders who had been waiting for such incentives to arrive, were quick to respond with their plans. Tata Power and Tata Motors announced their partnership to install 300 fast charging stations by the end of the FY2020, across key five cities namely Mumbai, Delhi, Pune, Bangalore and Hyderabad. (See: Tata to set up 300 EV charging stations in 5 cities)

Earlier, Tata Motors said it supplied 40 electric buses to the Jammu & Kashmir State Road Transport Corporation. Some of these buses are plying on the difficult terrains of the Jammu to Katra (Vaishno Devi) route and some buses will also ply in the valleys of Srinagar. (See: Tata Motors delivers 40 electric buses to J&K)

Interestingly, these electric buses have been manufactured at Tata Motors Dharwad plant, and will have a traveling range of up to 150 kilometers on a single charge. Adapted to local conditions, its Li-ion batteries have been placed on the rooftop to prevent breakdown due to waterlogging.

There has been a sudden spurt in the number of electric vehicles in the cars and two-wheeler segments as well. While Mahindra has been present in the EV segment ever since it acquired Reva Electric in 2010, Hyundai has recently launched Kona Electric and others are also rushing to launch their offerings. Maruti Suzuki is expected to bring its first electric car Wagon R E next year.

In fact, the recent slump in the automobile sector could help further accelerate the growth of the electric mobility segment in India. The sops being offered by the government could incentivize automobile players to give push to their e-mobility offerings.

Move #3: This one comes not from the government but from India’s largest business conglomerate, Reliance Industries. While it may arguably be seen as a mega outcome of the two moves discussed above, the sheer scale of RIL makes it a move as well.

In its latest annual report, the company has said, “Reliance has developed a future-ready Oil-to-Chemical strategic vision to, progressively, transform the Jamnagar refinery from a leading producer of fuels to chemicals.”

“The Jamnagar refinery product slate, at the culmination of oil-to-chemical transition, shall be only jet fuels and petrochemicals. All refined products priced below crude shall be eliminated for chemicals at initial stage. Final fuel de-risking shall target elimination of gasoline, alkylate and diesel, synchronised to the global evolution of E-mobility and transport fuel demand decline,” the report further noted.

The Impact: This move is bound to trigger a wide range of responses from multiple players, big and small, across industries. The fact that RIL has also announced a multi-billion-dollar stake sale deal with the world’s largest and lowest cost-per-barrel producer of crude oil, Saudi Aramco, would help ensure energy security as the country transitions to a less-fossil-fuel strategy.

PM Modi’s retweet on conserving Nature is in air

PM Modi’s retweet on conserving Nature is in air

The Prime Minister of India Narendra Modi has said it on so many other occasions, and this tweet was a further reiteration of his commitment toward environmental conservation and tackling climate change. In a retweet of adventurer and TV host Bear Grylls’ post on Twitter, Modi said.

The retweet came after posted this message on his Twitter handle: “Tonight watch my journey with PM @narendramodi for Man Vs Wild on @DiscoveryIN – Together let’s do all we can to protect the planet, promote peace & encourage a Never Give Up spirit. Enjoy the show!”

NTPC’s push for GW-scale solar power continues

NTPC’s push for GW-scale solar power continues

The PSU has invited online technical and financial bids from eligible bidders for selection of solar power developers for setting up 1,200 MW ISTS-connected solar PV power projects anywhere in India through reverse auction.

Request for selection (RfS) documents will be made available at e-Tender Portal from 14 August 2019 and can be accessed up to 2 September for examination and downloading. The technical bids will be opened on 2 September itself. All interested parties are required to get registered with M/s ISN Electronic Tender Services website https://www.bharat-electronictender.com (if not registered already) in order to access the RfS documents.

The date and time of start of reverse auction shall be intimated separately by NTPC.

All bids are to be accompanied by earnest money deposit for an amount calculated at the rate of INR 400,000 per MW. For the 1,200 MW project, this works out to be INR 48 crore.

It seems that the appetite of solar power developers is yet to grow for multi-MW and GW-scale projects. That could be a reason why the responses to NTPC’s earlier projects of 1,000MW or above have been somewhat muted.

NTPC, on its part, has been proactive in either extending or refloating the project tenders. The following additional tenders from NTPC are still open:

  • Development of 20MW solar PV project at Rihand (closing date: 14 August 2019).
  • Selection of solar power developers for 1,200MW grid connected solar photo voltaic projects under open category (closing date: 13 August 2019).
  • Development of 20 MW floater solar power project at the reservoir of NTPC Auraiya gas power plant at Dibiyapur in Auraiya district of Uttar Pradesh (closing date: 20 August 2019).
DAE exhibits techs for clean water, environment

DAE exhibits techs for clean water, environment

The Department of Atomic Energy (DAE), Government of India, is organizing a two-day exhibition on DAE spin-off technologies for non-power applications at New Moti Bagh recreation club, New Delhi. The exhibition was inaugurated by the Chairman, Union Public Service Commission (UPSC) Rakesh Gupta here today. The exhibition is open to public for two days on Aug 11–12 2019.

The exhibition is covering technologies developed by the Bhabha Atomic Research Centre (BARC), Raja Ramanna Centre for Advance Technology, Indore and other Units of Department of Atomic Energy (DAE), which are useful for the common man in day-to-day life, e.g., in the field of health, agriculture, water, food security and environment, said a PIB release.

The details of the exhibits are as follows:

Water: DAE has developed technologies for clean water to fulfill departmental requirements and as spin-off developed many techniques which finds applications in ultra-filtration membrane, RO membrane, multistage flash evaporation and water hydrology based on radiotracers. Low cost water filters for removal of all contamination from drinking water have been displayed.

Environment: DAE technologies are finding a lot of applications for Swatch Bharat Mission where bio-methanization and urban sludge hygienization technologies are being deployed across the country. “Nisargruna” plant is a bio-methanization plant for digesting kitchen food waste and green vegetable wastes from agriculture markets to methane gas which can be used for cooking/generating electricity or even for running biogas vehicles. This plant can digest animal waste from slaughterhouse also.

Agriculture: DAE has developed 44 high yielding seed varieties by inducing mutation to suit local weather conditions across the country. DAE has also developed technologies of fertilizer production from bio-sludge and encourages organic farming. The disease resistant, low maturity period and high yielding crops have been well accepted by the farmers. Rural technologies are also being made available to rural youth through ‘AKRUTI’ program.

Health: In health sector there are three segments i) Development of Radio Pharmaceuticals ii) Production & Distribution iii) its implementation for diagnosis and therapeutic application. The treatment of cancer is managed by Tata Memorial Hospital (TMH), a fully autonomous aided institution of DAE, provides comprehensive treatment to cancer patients. Medical devices for Tele-ECG, Bhabhatron–a radiation tele-therapy machine, screening of TB and cancer are on display.

While inaugurating the exhibition, Rakesh Gupta expressed his happiness that such exhibition is being organized in New Delhi. He said that these technologies are helpful in day to day life for common people. He added that Government officials act as opinion leaders, so they should visit the exhibition and understand these technologies. Gupta emphasized that these technologies should be adopted in the whole country at a large scale.

The Secretary, DAE, Dr. K.N. Vyas reviewed the preparations for exhibition yesterday. The former Secretaries of DAE, Dr. Anil Kakodkar, Dr. M R Srinivasan were present. The former Secretary DST and member of Atomic Energy Commission, Dr B Rama Rao, also visited exhibits, along with CMD, NPCIL, S.K. Sharma.

News and all pix: PIB

Reform farm sector and conserve water: Naidu

Reform farm sector and conserve water: Naidu

The Vice President of India, M. Venkaiah Naidu has called for introducing structural reforms in the agricultural sector along with financial assistance schemes like Direct Benefit Transfer to make agriculture profitable and sustainable.

He was addressing the gathering after inaugurating the Mukhya Mantri Krishi Ashirwad Yojna of the Jharkhand Government, in Ranchi, Jharkhand today. Lauding the Jharkhand government for coming up with the scheme, he expressed hope that it would go a long way in addressing agricultural distress in the state, said a PIB release.

Under the scheme, all the small and marginal farmers of the state, who have arable land up to a maximum of 5 acres, will be given a grant-in-aid at the rate of Rs 5,000 per acre per year, which will also reduce their dependence on loans. This amount would be given in two installments through Direct Benefit Transfer to the beneficiary’s bank account. This will be in addition to PM Kisan Nidhi Yojana under which each small & marginal farmer’s family having combined landholding/ ownership of up to two hectares is paid Rs 6,000 per year, said the Vice President.

Naidu opined that Direct Benefit Transfer would eliminate middlemen and ensure that every penny of the financial assistance given by the government reaches the beneficiaries.

The Vice President said that the Government of India had taken a firm resolve to double the income of farmers by 2022. He added that the government was continuously increasing the minimum support price of food grains to achieve this objective.

He asserted that development would be meaningless until the benefits of progress reached the rural areas and made the lives of our farmers better.

The Vice President also stressed the need for water conservation and said that “Conservation of natural resources like water is essential. For this, a massive campaign of rainwater conservation should be carried out, which will replenish our ground water.”

He cautioned that groundwater levels are continuously falling due to uncontrolled exploitation of groundwater. Due to which the cost of irrigation is increasing. The Vice President also urged the farmers to adopt traditional techniques to support groundwater conservation.

The Governor of Jharkhand, Draupadi Murmu, the Chief Minister of Jharkhand, Raghuvar Das, the Deputy Chairman of Rajya Sabha, Harivansh Narayan Singh, the Minister of Agriculture, Animal Husbandry and Co-operative Department, Government of Jharkhand, Randhir Kumar Singh, and others were present on the occasion.

News and pix source: PIB.

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