Question
What is the total investment for establishing 500 new
'waste to wealth' plants under the GOBARdhan scheme announced by Smt. Nirmala Sitharaman in FY Budget 2023-24?Solution
Smt. Nirmala Sitharaman announced that 500 new ‘waste to wealth’ plants under GOBARdhan (Galvanizing Organic Bio-Agro Resources Dhan) scheme will be established for promoting circular economy. These will include 200 compressed biogas (CBG) plants, including 75 plants in urban areas, and 300 community or cluster-based plants at total investment of Rs 10,000 crore.
An increase in the inventory holding period, all else being equal, will:
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