News Hope For Environment Recovery: Centre Releases ₹47,436 Crore To...

Hope For Environment Recovery: Centre Releases ₹47,436 Crore To 27 States For Afforestation

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The environment is changing at an alarming rate and it is high time that we take some serious actions. In the past few years, nature has undergone a massive change that has disturbed the ecosystem of Earth.

Deforestation
Via: Your Article Library

Keeping in mind the issues, the centre has released an amount of ₹47,436 crore for afforestation.

According to The Times of IndiaUnion Minister for Environment, Forest and Climate Change, Prakash Javadekar, transferred ₹47,436 crore of Compensatory Afforestation Fund Management and Planning Authority (CAMPA) funds to various states in the presence of MoS Babul Supriyo.

Javadekar
Via: Twitter

Talking about the release of funds, Javadekar said:

“The fund being transferred would be in addition to State Budget. The State budget for forests shall remain unaffected. Also, it is expected that all State Governments will utilize this fund for the enhancement of forestry activities to achieve the objectives of the Nationally-Determined Contributions (NDCs). The objective of the NDCs is to increase its forest and tree cover. This will help in an additional carbon sink equivalent to 2.5 to 3 billion tonnes of carbon dioxide by the year 2030.”

Tree
Via: Pomona’s Promise

The funds should be used for the recovery of the environment. The money shall be used for the wildlife management, assisted natural regeneration, to take preventions against forest fires. This step has been taken to compensate for the harm caused due to frequent forest fires and deforestation.

Odisha got the highest amount – ₹5,933.98 crore, while Kerala received the smallest amount – ₹81.59 crore.

We sincerely hope to bring back nature as it was.

 

Meenal Fadnavishttps://www.stackumbrella.com
I am a fervor content creator and blogger. My skills specialize in creative writing and editing. I am a very keen observer and a passionate learner.

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