Source: ET
Context:
The government is set to launch ARTHA, a financing framework for repurposing de-coaled mines. Launch will take place during the Star Rating Awards Ceremony for Coal and Lignite Mines in Mumbai.
About ARTHA
- Full Form: Yet to be officially expanded, but referred to as a green financing framework.
- Purpose: To facilitate reuse and repurposing of de-coaled mines.
- Approach: Aims to support sustainable, responsible mine closure and post-mining land use.
Significance
- Environmental: Promotes green transition and responsible land reuse.
- Economic: Unlocks potential for new industries and livelihood opportunities on repurposed mine land.
- Policy: Part of India’s broader sustainability and energy-transition goals.
