The World Bank has approved USD 225.5 million under its Enhancing Landscape and Ecosystem Management (ELEMENT) Project.
It aims to manage forest landscapes better and enhance forest value chains in more than 400 villages across Tripura and Nagaland.
The project will support more than 700,000 people to manage forest landscapes better and enhance forest value chains in both states.
It will open up economic opportunities for communities through forest produce such as agarwood, bamboo and honey in partnership with the private sector.