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Jharkhand enters a pact with ISB to foster forest economy

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HYDERABAD: The Government of Jharkhand teamed up with the Indian School of Business (ISB) to launch the one-of-a-kind programme to boost the state’s forest economy.

On Wednesday, December 29, the Department of Scheduled Tribes, Scheduled Castes, Minorities, and Backward Classes Welfare, Government of Jharkhand, along with the Department of Forests, Government of Jharkhand, signed an MoU with the Bharti Institute of Public Policy at the Indian School of Business to develop scalable and sustainable solutions focusing on forest-based industrial value chains, marking the second anniversary of the Hemant Soren-led government.

In the presence of Governor Ramesh Bais and Chief Minister Hemant Soren, the MoU was signed by Naman Priyesh Lakra, Welfare Commissioner, Government of Jharkhand, and Professor Ashwini Chhatre, Executive Director, Bharti Institute of Public Policy, ISB. Professor Ashwini Chhatre elaborated on the collaboration, “Our strategy is to create incentives for sustainable forest management by establishing and formalising links between significant stakeholders in current value chains for forest-based industrial raw materials. We will assist communities in developing institutional and technological capabilities. This vision will help India meet its international commitments to sustainable development.”

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