About the Scheme

• The Pilot Scheme of Nagar Van Yojana (NVY) envisages developing 400 Nagar Vans and 200 Nagar Vatikas in the country during the period of 2020-21 to 2024-25.
• It was launched with an objective to significantly enhance the tree outside forests and green cover, enhancement of biodiversity and ecological benefits to the urban and peri-urban areas apart from improving quality of life of city dwellers.
• The total estimated cost of Nagar Van Yojana is Rs.895 crore for the period of 2020-21 to 2024-25 for implementation from the National Funds under Compensatory Afforestation Fund Management and Planning Authority (CAMPA).  

Why in News?

• A total of 173 projects have been sanctioned till 2021-22 in 26 States under the Nagar Van Yojana.

Reference:

1. https://pib.gov.in/PressReleasePage.aspx?PRID=1846954