Daily Current Affairs : 14-October-2023

In a significant move towards promoting sustainable living and environmental conservation, the Ministry of Environment, Forest and Climate Change in India has recently introduced two groundbreaking initiatives. These initiatives, the Green Credit Program (GCP) and the Ecomark Scheme, are indicative of the country’s proactive stance on climate change, sustainability, and the promotion of eco-conscious practices. Rooted in the LiFE concept, these programs aim to encourage environmentally friendly practices that draw inspiration from tradition and conservation.

Green Credit Program (GCP)

Under the Green Credit Program, the Indian government is taking a pioneering step to promote eco-friendly practices. Here are the key aspects of the GCP:

  • Financial Incentives: The program offers financial incentives to businesses and individuals who adopt eco-conscious practices in their operations and daily lives.
  • Encouraging Conservation: By offering credits to entities actively engaged in environmental conservation, the program encourages the preservation of natural resources and habitats.
  • Supporting Traditional Wisdom: The GCP recognizes and supports traditional knowledge and practices that promote environmental sustainability, thus bridging the gap between modernity and heritage.
Ecomark Scheme

The Ecomark Scheme is another notable initiative aimed at certifying environmentally friendly products and encouraging consumers to make eco-conscious choices. Here’s what the scheme entails:

  • Product Certification: Products meeting specific environmental standards are certified with the prestigious Ecomark, signifying their eco-friendly attributes.
  • Consumer Awareness: By prominently displaying the Ecomark on certified products, consumers are informed and empowered to make environmentally responsible purchasing decisions.
  • Market Transformation: The Ecomark Scheme plays a pivotal role in transforming the market by encouraging manufacturers to produce greener products, thus promoting a sustainable supply chain.
LiFE Concept: Tradition and Conservation

Both the GCP and the Ecomark Scheme align with the LiFE concept, which stands for Lifestyle for Environment. This concept emphasizes the importance of incorporating traditional wisdom and conservation practices into modern lifestyles. By integrating age-old eco-friendly methods with contemporary approaches, these initiatives create a harmonious balance between progress and environmental preservation.

Important Points:

Green Credit Program (GCP):

  • Financial incentives offered to businesses and individuals adopting eco-conscious practices.
  • Encourages conservation by providing credits to entities engaged in environmental preservation.
  • Supports traditional knowledge and practices promoting environmental sustainability.

Ecomark Scheme:

  • Certifies environmentally friendly products, showcasing them with the prestigious Ecomark.
  • Raises consumer awareness, empowering informed and responsible purchasing decisions.
  • Drives market transformation by encouraging greener product manufacturing for a sustainable supply chain.

LiFE Concept (Lifestyle for Environment):

  • Emphasizes integrating traditional wisdom and conservation practices into modern lifestyles.
  • Aims for a harmonious balance between progress and environmental preservation.
Why In News

A notification has been issued to promote the Green Credit Program (GCP) and Ecomark scheme under the LiFE Initiative, emphasizing sustainable lifestyle choices and environmental conservation. This initiative aims to encourage businesses and individuals to adopt eco-friendly practices, fostering a greener future for our planet.

MCQs about Green Credit Program and Ecomark Scheme

  1. What is the primary goal of India’s Green Credit Program (GCP)?
    A. To promote deforestation for economic growth.
    B. To discourage conservation efforts.
    C. To encourage excessive resource consumption.
    D. To provide financial incentives for adopting eco-friendly practices.
    Correct Answer: D. To provide financial incentives for adopting eco-friendly practices.
    Explanation: The Green Credit Program offers financial incentives to promote eco-friendly practices.
  2. What message do India’s Green Credit Program and Ecomark Scheme convey to the world?
    A. Discouraging conservation efforts globally.
    B. Ignoring the importance of traditional practices in modern society.
    C. Encouraging environmental pollution for economic growth.
    D. Setting an example of balancing progress and environmental preservation.
    Correct Answer: D. Setting an example of balancing progress and environmental preservation.
    Explanation: India’s initiatives serve as models for other nations by promoting eco-conscious practices while embracing progress.
  3. What is the significance of the Ecomark Scheme in India’s market?
    A. It encourages the production of non-environmentally friendly products.
    B. It certifies environmentally friendly products, promoting a sustainable supply chain.
    C. It discourages consumers from making informed choices.
    D. It supports deforestation for economic development.
    Correct Answer: B. It certifies environmentally friendly products, promoting a sustainable supply chain.
    Explanation: The Ecomark Scheme certifies eco-friendly products, encouraging manufacturers to produce greener products and promoting a sustainable supply chain.

Boost up your confidence by appearing our Weekly Current Affairs Multiple Choice Questions

Loading