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Kharif Crop Sowing Crosses 992 Lakh Hectare Areas
Aug 19,2016

The total sown area as on 19 th August, 2016 as per reports received from States, stands at 992.76 lakh hectare as compared to 938.57 lakh hectare at this time last year.

It is reported that rice has been sown/transplanted in 346.38 lakh ha, pulses in 136.04 lakh ha, coarse cereals in 180.20 lakh ha, oilseeds in 175.49 lakh ha, sugarcane in 45.55 lakh hectare and cotton in 101.54 lakh ha.

The details of the area covered so far and that covered during this time last year are given below:

 Lakh hectare 

CropArea sown in 2016-17Area sown in 2015-16Rice346.38334.26Pulses136.04100.57Coarse Cereals180.20167.69Oilseeds175.49168.49Sugarcane45.5549.60Jute & Mesta7.567.73Cotton101.54110.23Total992.76938.57

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Vishakhapatnam Port poised for major expansion
Aug 19,2016

Vishakhapatnam Port is poised for major expansion, with the Minister for Shipping, Road Transport and Highways Shri Nitin Gadkari inaugurating several projects during his visit to the port yesterday. The Minister inaugurated a Container Freight Station of 1 lakh TEU capacity developed by M/s. VCTPL at a cost of Rs.104 crores for which an extent of Ac 34 acres is allotted by the Port. He also inaugurated the commissioning of 6.25MW out of 10MW solar power plant. The power generated from this plant is meeting the captive consumption of the port and the excess power is proposed to be sold by third party agreements.

In addition to this the Minister inaugurated a Liquid cargo berth - EQ-10 developed by M/s. AVR Infra, on Private Sector Participation at a cost of Rs.55.38 crores with a capacity of 1.84 million tonnes per annum and a Multi cargo berth - WQ-6 developed by M/s.ABG Infra Logistics on Private Sector Participation at a cost of Rs.114.5 crores with a capacity of 2.08 million tonnes per annum

Shri Gadkari also laid the foundation stone for the project n++Reconstruction of old EQ-2,3,4&5 berths into two new berths of 530 meters quay in the inner harborn++ taken up with ports internal resources at a cost of Rs.182 crores and capacity of 6 million tonnes. He also reviewed the progress of two berths WQ-7&8under construction taken up by port with internal resources at a cost of Rs. 243 crores and capacity of 6.39 million tonnes.

The union Minister reviewed the performance of the port and the progress of developmental projects. He also reviewed the dredging projects executed by the port at a cost of Rs.400 crores which were taken up to enhance the draft of inner harbor to 14.5mts to enable Panamax vessels berthing and outer harbor to 18.1 draft to enable berthing of Super Cape vessels berthing.

Later, the Honble Minister held discussions with the stakeholders of the port. He suggested to the Govt., of Andhra Pradesh to install sewage treatment plant for treating the city sewage before letting into the port limits to avoid water pollution. The Honble Minister informed that the pollution levels have been considerably reduced consequent to various mechanization projects. The particulate matter (PM10) in the air is brought down from the level of 300 microgram in 2011 to less than 100 microgram in 2016. Honble Minister also directed the Port to engage a good consultant to do a comprehensive study and suggest measures to reduce the pollution level further.

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Commerce and Industry Minister to form a dedicated group to identify & implement expeditiously steps govt can take to accelerate Indias innovation
Aug 19,2016

Commerce and Industry Minister Smt. Nirmala Sitharaman said that a dedicated group will be formed to identify & implement expeditiously steps government can take to accelerate further Indias innovation. Addressing the function at the launch of the Global Innovation Index report 2016 she said it is possible to do more and the country is thirsting to move forward.

India has improved its innovation ranking in GII to reach 66th position from its last years rank of 81st, this improvement in the rank for India comes after 5 years of continuous drop in its ranking. Switzerland, Sweden, the United Kingdom, the United States of America, Finland and Singapore lead the 2016 rankings in the Global Innovation Index, released jointly by Cornell University, INSEAD, World Intellectual Property Organization (WIPO) AT Kearney and Confederation of Indian Industry (CII).

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70% of Indias top export destinations face economic slowdown: PHD Chamber
Aug 19,2016

Though a ray of hope is emerging with dynamic efforts undertaken by the Government in improving the ease of doing business and reforms in the export infrastructure but economic slowdown in 70% of Indias export destinations is a major challenge to Indias exports growth, said Dr. Mahesh Gupta, President, PHD Chamber of Commerce and Industry.

Notwithstanding, slowdown in destination economies, dynamic reforms undertaken at domestic front vis-a-vis improvement in ease of doing business has potential to post a 9-10% exports growth in the current year 2016-17, said Dr. Gupta

The incremental growth rate (increase in growth rate over the growth rate achieved in previous year) is negative for most of the destination economies including USA, UK, UAE, Hong Kong, China, among other major export destinations.

The GDP growth rate of US is projected to decline from 2.4% in 2015 to 2.2% in 2016, UAE growth is projected to decline from 3.9% in 2015 to 2.3% in 2016, Hong Kong is projected to decline from 2.36% in 2015 to 2.15% in 2016, China is projected to decline from 6.9% in 2015 to 6.6% in 2016 and growth of UK is projected to decline from 2.2% in 2015 to 1.7% in 2016, according to the World Economic Outlook of IMF

Global trade growth is also projected to remain sluggish at 2.8% in 2016 showing no change from 2.8% in 2015. So will be the demand scenarios of these economies and growth of our exports towards these economies, said Dr. Mahesh Gupta

Going ahead, India should focus more on the promising growth economies such as emerging and developing economies as economic growth is projected comparatively higher in many of these economies.

The emerging and developing economies have been projected to grow from 4% in 2015 to at a rate of 4.1% in 2016 and 4.6% in 2017 which is significantly high in comparison to the growth rate of advanced economies at 1.9% in 2015, 1.8% in 2016 and 2017.

Growth scenarios indicate higher prospectus for growth of exports in the emerging and developing economies.

Enhanced focus on emerging and developing economies particularly economies in Asian and African region will help India to achieve at around US$290billion exports with a growth rate of 9-10% in 2016-17 over the US$264billion exports 2015-16.

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Clarification regarding the Income Declaration Scheme 2016
Aug 19,2016

Fifth Set of Frequently Asked Questions (FAQs) was issued yesterday clarifying certain issues relating to Income Declaration Scheme,2016 (the Scheme). Clarification has been sought as to whether the answer number 4 of the said FAQ shall apply to all assets declared under the Scheme or it is limited to only immovable property. As explained in the said answer, the clarification was issued considering the fact that investment in an immovable property may be funded partially from undisclosed and partially from disclosed sources. In such cases, if the property is sold in near future, gains from part of the property may be long term and the balance may be short term. This shall cause undue hardship to the declarant. Therefore, the clarification issued relates only for determination of holding period of immovable property.

In view of the above, it is again clarified that answer number 4 of the said FAQ shall only be applicable for determining holding period of an immovable property for which the date of acquisition is evidenced by a deed registered with any authority of the State Government. However, for assets other than immovable property declared under the Scheme, the holding period shall start from 01.06.2016 for purpose of computation of capital gains.

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Approval of Eligible Projects or Schemes under Section 35AC of the Income Tax Act, 1961
Aug 19,2016

Section 35AC of the Income Tax Act 1961, inter alia provides for a deduction in computing the business income of an assessee, of the amount paid by him to a Public Sector company or a local authority or to an association or institution approved by the National Committee for carrying-out any eligible project or scheme.

Section 35AC of the Income Tax Act, as amended by the Finance Act, 2016, provides that no deduction under this Section shall be allowed in respect of any assessment year commencing on or after 1st April, 2018. Accordingly, the benefit of deduction under Section 35AC of the I.T. Act is available only up to previous year ending 31-03-2017 (Assessment Year 2017-18) in respect of the payments made to association or institution already approved by the National Committee for carrying-out any eligible project or scheme.

In view of the above, it may be noted that requests received after 31st December, 2016 for the grant/modification/extension of approval beyond 31st March,2017 under Section 35AC of the Income-Tax Act shall not be considered/entertained by the National Committee.

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Storage Status of 91 Major Reservoirs of the Country was 96.721 BCM as on August 18, 2016
Aug 19,2016

The water storage available in 91 major reservoirs of the country for the week ending on August 18, 2016 was 96.721 BCM, which is 61% of total storage capacity of these reservoirs. This was 109%of the storage of corresponding period of last year and 101% of storage of average of last ten years.

The total storage capacity of these 91 reservoirs is 157.799 BCM which is about 62% of the total storage capacity of 253.388 BCM which is estimated to have been created in the country. 37 Reservoirs out of these 91 have hydropower benefit with installed capacity of more than 60 MW.

REGION WISE STORAGE STATUS:-

NORTHERN REGION

The northern region includes States of Himachal Pradesh, Punjab and Rajasthan. There are 6 reservoirs under Central Water Commission (CWC) monitoring having total live storage capacity of 18.01 BCM. The total live storage available in these reservoirs is 12.41 BCM which is 69% of total live storage capacity of these reservoirs. The storage during corresponding period of last year was 90% and average storage of last ten years during corresponding period was 69% of live storage capacity of these reservoirs. Thus, storage during current year is less than the corresponding period of last year but is equal to the average storage of last ten years during the corresponding period.

EASTERN REGION

The Eastern region includes States of Jharkhand, Odisha, West Bengal and Tripura. There are 15 reservoirs under CWC monitoring having total live storage capacity of 18.83 BCM. The total live storage available in these reservoirs is 10.44 BCM which is 55% of total live storage capacity of these reservoirs. The storage during corresponding period of last year was 47% and average storage of last ten years during corresponding period was 51% of live storage capacity of these reservoirs. Thus, storage during current year is better than the corresponding period of last year and is also better than the average storage of last ten years during the corresponding period.

WESTERN REGION

The Western region includes States of Gujarat and Maharashtra. There are 27 reservoirs under CWC monitoring having total live storage capacity of 27.07 BCM. The total live storage available in these reservoirs is 19.72 BCM which is 71% of total live storage capacity of these reservoirs. The storage during corresponding period of last year was 55% and average storage of last ten years during corresponding period was 64% of live storage capacity of these reservoirs. Thus, storage during current year is better than the storage of last year and is also better than the average storage of last ten years during the corresponding period.

CENTRAL REGION

The Central region includes States of Uttar Pradesh, Uttarakhand, Madhya Pradesh and Chhattisgarh. There are 12 reservoirs under CWC monitoring having total live storage capacity of 42.30 BCM. The total live storage available in these reservoirs is 31.91 BCM which is 75% of total live storage capacity of these reservoirs. The storage during corresponding period of last year was 73% and average storage of last ten years during corresponding period was 56% of live storage capacity of these reservoirs. Thus, storage during current year is better than the storage of last year and is also better than the average storage of last ten years during the corresponding period.

SOUTHERN REGION

The Southern region includes States of Andhra Pradesh, Telangana, AP&TG (Two combined projects in both states) Karnataka, Kerala and Tamil Nadu. There are 31 reservoirs under CWC monitoring having total live storage capacity of 51.59 BCM. The total live storage available in these reservoirs is 22.69 BCM which is 44% of total live storage capacity of these reservoirs. The storage during corresponding period of last year was 35% and average storage of last ten years during corresponding period was 64% of live storage capacity of these reservoirs. Thus, storage during current year is better than the corresponding period of last year but is less than the average storage of last ten years during the corresponding period.

States having better storage than last year for corresponding period are Jharkhand, Odisha, Gujarat, Maharashtra, Uttar Pradesh, AP&TG (Two combined project in both states), Andhra Pradesh and Telangana and Karnataka. States having equal storage than last year for corresponding period are Rajasthan and Madhya Pradesh. States having lesser storage than last year for corresponding period are Himachal Pradesh, Punjab, West Bengal, Tripura, Uttarakhand, Chhattisgarh Kerala and Tamil Nadu.

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17.1% Growth in Foreign Tourist Arrivals in July 2016 Over the Same Period in 2015
Aug 19,2016

17.1% growth in Foreign Tourist Arrivals (FTAs) in July 2016 over the same period in 2015. Bangladesh accounts for highest share of tourist arrivals followed by USA and UK in July 2016. Rs.14, 319 crore Foreign Exchange earned through tourism in July 2016.

Ministry of Tourism compiles monthly estimates of Foreign Tourist Arrivals (FTAs) on the basis of Nationality-wise, Port-wise data received from Bureau of Immigration (BOI) and Foreign Exchange Earnings (FEEs) from tourism on the basis of data available from Reserve Bank of India. The following are the important highlights regarding FTAs and FEEs from tourism during the month of July, 2016.

Foreign Tourist Arrivals (FTAs):

n++ FTAs during the Month of July, 2016 were 7.36 lakh as compared to FTAs of 6.28 lakh during the month of July, 2015 and 5.69 lakh in July, 2014. There has been a growth of 17.1% in July, 2016 over July, 2015.

n++ FTAs during the period January- July, 2016 were 49.22 lakh with a growth of 10.0% as compared to the FTAs of 44.73 lakh with a growth of 4.6% in January- July, 2015 over January- July, 2014.

n++ The Percentage share of Foreign Tourist Arrivals (FTAs) in India during July, 2016 among the top 15 source countries was highest from Bangladesh (17.30%) followed by USA (16.51%), UK (11.67%), Malaysia (3.49%), France (3.12%), Sri Lanka (2.94%), Canada (2.66%), China (2.32%), Germany (2.31%), Japan (2.20%), Australia (2.20%), Nepal (2.04%), Oman (2.04%), UAE (1.99%) and Pakistan (1.66%).

n++ The Percentage share of Foreign Tourist Arrivals (FTAs) in India during July, 2016 among the top 15 ports was highest at Delhi Airport (26.22%) followed by Mumbai Airport (17.04%), Chennai Airport (10.11%), Haridaspur Land check post (9.82%), Bengaluru Airport (7.31%), Cochin Airport (5.14%), Hyderabad Airport (5.04%),Kolkata Airport (4.20%), Gede Rail (1.97%), Ahmadabad Airport (1.91%), Trivandrum Airport (1.91%), Tiruchirapalli Airport (1.55%), Attari-Wagah Land check post (1.09%), Amritsar Airport (0.97%) and Ghojadanga land check post (0.71%).

Foreign Exchange Earnings (FEEs) from Tourism in India in Rs. terms and in US$ terms

n++ FEEs during the month of July, 2016 were Rs.14, 319 crore as compared to Rs.11,982 crore in July, 2015 and Rs.10,284 crore in July, 2014.

n++ The growth rate in FEEs in rupee terms during July, 2016 over July, 2015 was 19.5% as compared to the growth of 16.5% in July, 2015 over July, 2014.

n++ FEEs from tourism in rupee terms during January- July, 2016 were Rs. 87,384 crore with a growth of 15.0% as compared to the FEE of Rs. 76,017 crore with a growth of 9.5% during January- July, 2015 over January- July, 2014.

n++ FEEs in US$ terms during the month of July, 2016 were US$ 2.130 billion as compared to FEEs of US$ 1.884 billion during the month of July, 2015 and US$ 1.712 billion in July, 2014.

n++ The growth rate in FEEs in US$ terms in July, 2016 over July, 2015 was 13.1% compared to the growth of 10.0% in July, 2015 over July, 2014.

n++ FEE from tourism in US$ terms during January- July, 2016 were US$ 12.995 billion with a growth of 7.5% as compared to the US$ 12.087 billion with a growth 5.3% during January- July, 2015 over January- July, 2014.

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Canal & dam-based rooftop plants can help save 25% of water evaporation losses in India: ASSOCHAM-EY study
Aug 19,2016

Canal and dam-based rooftop plants can not only produce power but can also potentially save 25 per cent of water evaporation losses in India where water is a critical infrastructure, a recent ASSOCHAM-EY joint study said.

n++Besides, higher maintenance cost comes with less or no cost of land and water and energy security are addressed simultaneously,n++ noted the study titled Road to 100 GW: Grid integration & power market perspectives, conducted by The Associated Chambers of Commerce and Industry of India (ASSOCHAM) jointly with EY.

It also said that addressing both adequacy of resources and system quality is essential to maintain reliability of power at least-cost while the power sector shifts from being dominated by conventional power to renewable.

The study highlighted that rising shares of variable renewable is making resource flexibility, effective demand side management, generation forecasting and accurate load forecasting an investment consideration as well as an operational one.

n++These phases will lead to the development of a market where 100 per cent solar power can potentially be sold at the exchange and it will also lead to a well-established ancillary services market,n++ added the ASSOCHAM-EY study.

Low-cost measures like investment in transmission, introduction of shorter scheduling intervals for increasing accuracy of schedule, enabling regional balancing of power and others can help mitigate operational challenges posed by growing shares of variable renewable energy before introducing flexibility in generation portfolio, suggested the study for facilitating accelerated growth of solar power.

It should be ensured that existing power market is designed and operated to extract all cost-effective flexibility services available from all existing resources (consumers and generators).

Besides, all qualifying demand-side management options should also be fully able to participate in the market, both directly and through aggregators.

Going forward, large shares of variable and intermittent renewable energy requires that investment is done to ensure system quality through CERC (Central Electricity Regulatory Commission) regulation on ancillary services and also through introduction of a fully functional control reserves market to ensure provision of ancillary and balancing service.

The ASSOCHAM-EY study recommended establishing a procedure for combining gross demand forecast with renewable energy generation forecast to derive a net demand forecast.

n++Use this net demand forecasts to assess on a periodic basis, the demand for critical flexibility services thereby taking into account the available dispatchable resources to provide these services,n++ it said.

The study also suggested establishing a methodology for setting maximum value to the upcoming generation both conventional and renewable energy depending on expected future peak load forecast and system reliability requirements.

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MoU signed between Indian Oil Corporation and the Roads and Highways Department of the Peoples Republic of Bangladesh
Aug 19,2016

Indian Oil Corporation (IOCL) and the Roads and Highways Department of Peoples Republic of Bangladesh signed a Memorandum of Understanding in Dhaka. The MoU enables IOCL to send its trucks carrying Motor Spirit, High Speed Diesel, Superior Kerosene Oil & Liquefied Petroleum Gas from Meghalaya to Tripura via territory of Bangladesh. The validity of this facility is till end September, 2016. Both sides have also agreed to extend the transit facility for a further short period on need basis.

The work on the broad gauging of the railway track in the North-Eastern region has shifted the goods vehicle traffic on to the roads. Further, due to heavy rains in the region this Monsoon, the roads, including NH 44, have been affected resulting in non plying of goods trucks, including those carrying petroleum goods to Tripura. This resulted into a situation of scarcity of essential petroleum goods.

The Bangladesh Government, given the friendly, multi-dimensional and expanding bilateral relations between the two countries, agreed to Indias request for facilitation of the movement of IOCL trucks carrying petroleum goods to Tripura through its territory. While alternate measures are also being taken to address the situation, the facilitation extended by the Bangladesh Government under the MoU is expected to improve the situation of shortage of petroleum products in Tripura in appreciable measure.

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Central Government decides to simplify the consent mechanism for OMBs
Aug 19,2016

In the spirit of Co-operative federalism and in order to bring-in the transparency and predictability in the Open Market Borrowings (OMBs) by the States, the Central Government has decided to simplify the consent mechanism for OMBs under Article 293 (3) of the Constitution.

Till now, the States were required to obtain quarterly consent from the Central Government for raising OMBs within the Net Borrowing Ceiling (NBC) fixed for each of the States as per the formula prescribed by the Fourteenth Finance Commission (FFC). The simplified mechanism would, however, allow the States to prepare their borrowing calendar for the first nine months and seek one-time consent for raising OMBs during the first nine months of the Financial Year. Thereafter, based on the assessment of details of borrowings and repayment thereof (actuals for first 3 quarters and estimates for last quarter), consent for the first two months of Fourth Quarter will be given. The consent for the last month i.e. March will be given based on the re-assessment of actual borrowings for the first 11 months by the States.

Thus, the simplified procedure will ensure that consent under Article 293(3) is issued only on three occasions during the year, one in the month of April for first nine months after fixation of borrowing ceilings, second in the month of December for the first two months of the fourth quarter and last in the month of March after the assessment of actual borrowings by the States.

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The Central Government decides to give Special Assistance of Rs.1,976.50 crore to Andhra Pradesh during 2016-17
Aug 19,2016

In order to fulfill its commitment to the people of Andhra Pradesh and to compensate the financial impact arising out of the bifurcation of Andhra Pradesh the Government of India has decided to provide further n++Special Assistancen++ of Rs.1,976.50 crore to the State during 2016-17. The amount includes Rs.1176.50 for Resource Gap, Rs.350 crore for the development of 7 backward districts covering Rayalaseema & North Coastal region and Rs.450 crore as assistance for the capital city. Thus, with the current sanction of funds, the Central Government has so far provided Central assistance of Rs.8379.50 crore to the State of Andhra Pradesh which includes Rs.4403 crore released during 2014-15 and Rs.2000 crore released during 2015-16 in terms of the provisions under the Andhra Pradesh Re-organisation Act, 2014.

The Andhra Pradesh Re-organisation Act, 2014 entrusts the Central Government to make appropriate grants in the form of special assistance to the backward areas of successor States, provide assistance for creation of new capital of Andhra Pradesh and to provide assistance to bridge the resource gap arising post-bifurcation.

Accordingly, cumulatively from the enactment of the Re-organisation Act i.e. 2nd June, 2014 till 2016-17, Rs. 3979.50 crore has been released to the successor State of Andhra Pradesh for bridging the resource gap for the financial year 2014-2015, Rs.1050 crore @ Rs. 50 crore per district has been provided for the development of 7 backward districts covering Rayalaseema & North Coastal region, Rs.2500 crore has been provided as assistance for the capital city which includes Rs. 1000 crore released by the Union Ministry of Urban Development (MoUD) for sewerage & drainage schemes at Guntur and Vijavada cities respectively and Rs.850 crore released upto 2015-16 for the Polvaram Irrigation Project among others.

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Rules under Income Declaration Scheme, 2016 providing option to declarant the fair market value of immoveable property acquired amended
Aug 19,2016

The Income Declaration Scheme, 2016 (the Scheme) provides an opportunity to persons who have not paid full taxes in the past to come forward and declare their undisclosed income and assets. Income Declaration Scheme Rules, 2016 (the Rules) were notified on 19 May 2016. Representations have been received from various stakeholders to provide an option to value the immoveable property on the basis of the registered value. After due consideration of the representations, the Rules have been amended to provide that where acquisition of an immovable property is evidenced by a registered deed, an option shall be available with the declarant to declare the fair market value of such property by applying the cost inflation index to stamp duty value of the property.

Further, the fifth set of Frequently Asked Questions (FAQs) providing clarification on various issues under the Scheme has been issued and is available on the official website of the Income Tax Department i.e., www.incometaxindia.gov.in. Some of the important issues clarified therein are as under:

(i) Where loans, creditors, advances received, share capital, payables etc. are disclosed in the audited balance sheet but are fictitious in nature and cannot be directly linked to acquisition of a particular asset, then such fictitious liabilities can be disclosed under the Scheme as such without linking the same with the investment in any specific asset.

(ii) The income declared under the Scheme for an earlier assessment year can be taken into account to explain the related transactions of the subsequent assessment years in assessment proceedings pending before the Assessing Officer provided there is a nexus between the two.

(iii) No adverse action shall be taken against the declarant by FIU or the income-tax department solely on the basis of cash deposits made in banks consequent to the declaration made under the Scheme.

(iv) The period of holding of assets declared under the Scheme shall be taken on the basis of the actual date of acquisition of such asset and not from 1.6.2016 as clarified earlier.

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BRO Launches Ambitious Tree Plantation Drive
Aug 19,2016

The Border Roads Organisation (BRO), under Ministry of Defence, which is one of the premier road construction agencies of the country launched a massive tree plantation drive in the Northern & Eastern states of India. The plantation drive was organised simultaneously in the Headquarters in Delhi and all its 18 Project across the country, wherein the employees along with the local populace took part in large numbers.

In the BRO headquarters Lt Gen Suresh Sharma, Director General Border Roads (DGBR) leading the drive said that almost two lakh saplings will be planted across the country under this programme. He said n++This is one of the biggest ever tree plantation drive undertaken by the BRO, organised with the aim to protect the ecology and increase the green cover along the border areas of the Country.n++ He further added that apart from planting of the saplings, the most important thing is to ensure their maintenance and care.

The General Officer also informed the media about the plan of BRO to include 1 percent of cost of project in the estimates for greening of areas along the roads. n++It is our solemn duty to conserve the flora for future generations,n++ the DGBR said. This effort is also aimed at saving the precious life and land from soil erosion and consequent flash floods caused by the incessant rains and also to make the people aware about the importance of tree plantation.

BRO also plans to conduct numerous activities to create awareness amongst the people, by way of organizing community participation, competitions for children and by organizing a mini-marathon with the theme Run for the Roads in the near future.

It was very heartening to see the active participation by the BRO officials and employees in the drive as they aim to plant 10 lakh saplings in the next two years.

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