...
...
...
Next StoryDown Arrow

Green bonus, special Ayush zone in Uttarakhand’s wish list for Union Budget

Uttarakhand's Urban Development Minister Madan Kaushik said green bonus was a major demand of the state for conserving about 71% of its total area.

Published on: Jan 19, 2021 06:28 pm IST
Advertisement

The Uttarakhand government has demanded a green bonus as compensation for the conservation of its forests by not expanding the industrial development by chopping forests in the pre-budget virtual meeting with Union finance minister Nirmala Sitharaman on Tuesday.

Uttarakhand Urban Development Minister Madan Kaushik at the video meeting with Union Finance Minister Nirmala Sitharaman on Tuesday.(HT PHOTO)

The demand was part of 17 suggestions that Uttarakhand’s urban development minister Madan Kaushik made at the meeting chaired by Sitharaman.

"The meeting which was held to invite suggestions for each state before the Union budget is presented, was attended by finance ministers and chief ministers of other states. We gave about 17 suggestions for Uttarakhand in the upcoming budget," Kaushik said after the meeting.

"Among those, the major demand was to give us green bonus for conserving about 71% of the state's total area which comprises glaciers, forests and rivers. Unlike other states which cleared the forests for industrial development, we didn't do that for which we suggested a green onus. As per a study on green accounting in our state, the conservation has a yearly monetary value of about 95,000 crore," said Kaushik.

 
Check India news real-time updates, latest news from India and TS Telangana Inter Result 2026, latest at HindustanTime
Check India news real-time updates, latest news from India and TS Telangana Inter Result 2026, latest at HindustanTime
SHARE THIS ARTICLE ON
Subscribe Now