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Revitalization of Rivers in India Draft Policy - Isha Guru Jaggi Vasudev

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<strong>Revitalization</strong> <strong>of</strong> <strong>Rivers</strong> In <strong>India</strong><br />

<strong>Draft</strong> <strong>Policy</strong> Recommendation<br />

trees. We have assumed that the farmer must have an annual surplus <strong>of</strong><br />

at least, or similar to, their current average earn<strong>in</strong>gs <strong>of</strong> Rs. 74,988.<br />

We are consider<strong>in</strong>g two variants <strong>of</strong> the mango-guava-pomegranate<br />

fruit tree crop model – organically grown and <strong>in</strong>organically grown. In<br />

the case <strong>of</strong> the <strong>in</strong>organic fruit model, the total quantum <strong>of</strong> government<br />

support required for a farmer will be Rs. 75,000, Rs. 74,000, and<br />

Rs. 15,000 over the first three years, respectively.<br />

For the organic fruit model, the total quantum <strong>of</strong> support required<br />

for a farmer will be Rs. 75,000 and Rs. 55,000 <strong>in</strong> the first and second<br />

year, respectively (Refer Table 9 and Table 13). This <strong>in</strong>vestment could be<br />

made as a subsidy or as a long-term loan to the farmer. Either way, this<br />

government <strong>in</strong>vestment seems highly desirable given the significant<br />

payback <strong>in</strong> terms <strong>of</strong> sav<strong>in</strong>g our rivers, substantially reduc<strong>in</strong>g carbon<br />

footpr<strong>in</strong>t, ensur<strong>in</strong>g major forest cover ga<strong>in</strong>s, large-scale promotion <strong>of</strong><br />

personal health, and even as a f<strong>in</strong>ancial <strong>in</strong>vestment for society with a<br />

strong <strong>in</strong>ternal rate <strong>of</strong> return.<br />

COSTS OF THE MULTI-FRUIT CROP MODEL<br />

The economics <strong>of</strong> the model is based on <strong>in</strong>curr<strong>in</strong>g a cost <strong>of</strong> Rs. 1.23<br />

lakh <strong>in</strong>itially <strong>in</strong> the first year. Subsequently <strong>in</strong> the second and third years,<br />

the ma<strong>in</strong>tenance cost would be Rs. 18,000 per annum and this would go<br />

up after three years to Rs. 35,000 per annum. Details are shown <strong>in</strong> Table 6.<br />

It is assumed that <strong>in</strong> l<strong>in</strong>e with the current government practice,<br />

all the establishment costs are to be funded by the government. The<br />

ongo<strong>in</strong>g ma<strong>in</strong>tenance costs can be funded by the farmer himself.<br />

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