The Chhattisgarh cabinet on Friday approved the commencement of the Mukhyamantri Vriksha Sampada Yojana.
Agriculture Minister Ravindra Choubey said a cabinet meeting chaired by Chief Minister Bhupesh Baghel decided that the objective of the new scheme of commercial tree plantation is to improve environment and boost the income of farmers.
Choubey said a target has been set up to plant 15 crore saplings of clonal Eucalyptus, tissue culture teak and bamboo as well as the saplings of other economically beneficial species on nearly 1,80,000 acres over five years.
He said government, semi-government and autonomous institutions of the government, private educational institutions, private trusts, non-government institutions, panchayats and lease land holders who want to do plantation can take advantage of the scheme.
He added that to attract investors in Nava Raipur Atal Nagar, infrastructure development fee has been revised. The infrastructure development fee will be brought down from Rs.500 per square metre to Rs.100 per square metre for a plot area of more than 50 acres.
Under a special scheme to renovate school buildings, Rs 780 crore will be spent, he said.