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MISTI stands for Mangrove Initiative for Shoreline Habitats and Tangible Incomes.
Key Points
Launched: Announced in the Union Budget 2023–24.
Objective: To protect and restore mangrove ecosystems and enhance the livelihoods of coastal communities.
Approach: Based on the principle of "MISHTI (Mangrove Initiative for Shoreline Habitats & Tangible Incomes)", drawing inspiration from the Mangrove Alliance for Climate.
Implementation: Through convergence between schemes such as MGNREGS, CAMPA Fund, and other sources.
Focus Areas: Afforestation and restoration of mangroves along India's coastline and salt pan lands.