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Economy 🔴 High

Himachal Pradesh–ISB MoU on Forest Economy

📅 Published 23 Aug 2026 · Aug 2026

Himachal Pradesh–ISB MoU on Forest Economy

Category: Environment / Economy / Forestry / Governance

Notes

  • Himachal Pradesh Forest Department signed a five-year MoU with Bharti Institute of Public Policy, Indian School of Business (ISB-BIPP).
  • Objective: unlock the state's estimated ₹22,600 crore untapped forest and pastoral economy potential.
  • Focus is on science and technology-enabled governance.
  • Agreement was signed by:
    • Dr Sanjay Sood, Principal Chief Conservator of Forests, Himachal Pradesh
    • Professor Ashwini Chhatre, Executive Director, ISB-BIPP
  • The initiative aims to connect forest resources and pastoral economies with sustainable economic development.

Key Pointers

  • Himachal Pradesh → forest + pastoral economy
  • Important intersection of environmental conservation, livelihoods and sustainable development.
  • Potential UPSC themes: community participation, forest-based livelihoods, sustainable use of natural resources.

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