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Union Budget India 2011-12 – What’s in store for the environment?

March 3, 2011 By Prakash Rangarajan in Eco-conservationLeave a Comment

The Union Budget for 2011-12, announced by India’s Union Finance Minister, Mr Pranab Mukherjee, in Parliament on February 28, 2011 does seem to take a hard look at environmental concerns with some concrete plans on the anvil. Down below are the salient features.

  • 4% increase in the budget allocation for the ministry of environments and forests compared to last year,  i.e. from Rs.220 million to Rs.230 million.
  • Drop in funding in the segment of Forestry and Wildlife protection, which is from Rupees 7.93 billion in 2010-11 to Rupees 7.85 billion this year.
  • Increase in allotment for the conservation of ecology and environment which is changed from Rupees 12.2 billion in 2010-2011 to Rupees 13.5 billion for the current year.
  • Over Rs.600 crore allocated for protection and regeneration of forests, environmental management and cleaning of rivers and lakes.
  • Rs 200 crore allocation for 2011 from the National Clean Energy Fund to start implememention of the ambitious 10 Years Green India Mission (GIM) program
  • Rs 200 crore from the National Clean Energy Fund for environmental remediation program, cleaning up of the Ganges and other important rivers.

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