Mangaluru: MRPL inks MoU with Forest Department to green coastal region
MRPL to spend Rs 1.45 crore to support coastal afforestation
Mangaluru, Mar 6: The public sector Mangalore Refinery and Petrochemicals Limited (MRPL) has joined hands with Karnataka Forest Department to support the afforestation in the coastal region.
Under the project, MRPL would assist the departments initiative towards the plantation project atTannirbhavi village near Bengre, a deemed forest area near here.
The public sector undertaking (PSU) entered into a memorandum of understanding (MoU) with the Forest Department agreeing to extend financial support to the tune of Rs 1.45 crore excluding taxes.
A total of 4,000 trees of various species are planned to be planted, covering an area of 10 hectares.
MRPL has taken up this project under its corporate environment responsibility project.
The PSU would also assist the Forest Department by supporting its seashore afforestation mitigation measures.
The sandy beach soil would be replaced with fresh red soil, shade net would be provided at the seashore area for salted sea breeze control, water for seedlings and trees also would be arranged at Bengre for supporting the growth of trees and plants.
These initiatives of MRPL are expected to help the Forest Department combat the menace of coastal deforestation and would benefit the region to strengthen the environment to reduce the ill-effects of climate change.
The project is planned to have a timeline till 2025 for completion, a press release here said.
MRPL signed MoU with Karnataka Forest to implement the Afforestation Forest Project in Tannirbhavi, Mangaluru under our Corporate Environment Responsibility (CER) Activity@ONGC_ @HPCL @PetroleumMin @dpradhanbjp @drvkarikalan @moefcc @PrakashJavdekar @aranya_kfd
— MRPL-ONGC (@MRPL_CC) March 6, 2021
@ArvindLBJP pic.twitter.com/TX59JbbWa7
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India lifts export ban on broken rice, global prices may fall
New Delhi: The Indian government has lifted the export ban on broken rice, a decision that may lead to a drop in global rice prices.
The government has lifted the export ban on broken rice to promote its shipments. "Export policy of broken rice has been amended from prohibited to free with immediate effect," the notification by Directorate General of Foreign Trade (DGFT) read.
The Ministry of Commerce and Industry mentioned in a notification that India would permit 100 percent export of broken rice, removing it from the restricted list. This decision comes after a bumper rice harvest in 2024, attributed to surplus rainfall, which led the government to relax the export restrictions.
Although there was an export ban in place, the government had permitted shipments to friendly and needy countries based on requests. India exported broken rice valued at $194.58 million to nations such as Gambia, Benin, Senegal, and Indonesia in 2023-24.
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