The MISHTI, ‘Mangrove Initiative for Shoreline Habitats & Tangible Incomes,’ comes after India joined the Mangrove Alliance for Climate launched during the 27th Conference of Parties (COP27) to the United Nations Framework Convention on Climate Change held in Egypt in November 2022. Finance Minister Nirmala Sitharaman announced a new initiative for mangrove plantations along the coastline and on saltpan lands in her budget speech on February 1, 2023. In India, the total mangrove cover is 4,992 square kilometres, according to the 2021 Forest Survey Report (FSR). The country lost 40 per cent of its mangrove cover during the last century.
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