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The government will raise the the allocation for cleaning India's rivers and lakes to Rs.562 crore ($110 million) in fiscal 2009-10 from Rs.335 crore last fiscal, Finance Minister Pranab Mukherjee announced Monday while presenting the union budget in parliament.
Mentioning that the government had unveiled its National Action Plan on Climate Change last year and that eight national missions under it were being finalised, Mukherjee committed that the government would provide "necessary funds" for all the missions.
The annual economic survey had estimated that India is now spending over 2.6 percent of its GDP in having to adapt to climate change, which is affecting farm output, making droughts, storms and floods more frequent and more severe, and raising the sea level.
The minister also announced special allocations for the Indian Council for Foresty Research and Education, the Botanical Survey of India and the Zoological Survey of India.
Last updated on Jul 6th, 2009 at 12:11 pm IST--IANS
Nordic carrier Finnair has deployed an all-new fleet to India even as its passenger load factor on the Helsinki-New Delhi route has seen a major spurt this year after the turbulent past season due to the global slowdown.
Projecting a requirement of 100,000 foreign workers, a Malaysian Indian trade body wants a dialogue with Prime Minister Najib Tun Razak over the prevailing shortage of foreign labour in the country.
India will woo Canadian investment in its infrastructure during the four-day visit of Minister for Road Transport and Highways Kamal Nath to Canada from March 23.
Calling nuclear power as the "next frontier" where investments in India will come, the FICCI chief hopes the controversial civil nuclear liability bill goes through Indian parliament to bring in more foreign companies.
Pearls trade in Dubai has crossed the record $27 million mark last year, registering 30 percent increase in the import of the precious gem from several countries including India and Australia.
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