Current Affairs · Government Schemes
In October 2023, MoEF&CC launched the Green Credit Program (GCP) and the Ecomark Scheme. Which of the following statements regarding these initiatives is NOT true?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1It mandates all corporate entities to reduce their total carbon footprint by exactly 50% within five years.✓
- 2The Ecomark scheme provides accreditation and labeling for household and consumer products meeting specific environmental criteria.
- 3The Indian Council of Forestry Research and Education (ICFRE) is the administrator for GCP.
- 4The program aims to incentivize environmental positive actions through market-based mechanisms.
Correct answer
It mandates all corporate entities to reduce their total carbon footprint by exactly 50% within five years.
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