Odisha can get Rs 400 Crore from Red Sanders sale – News2IN
Bhubaneswar

Odisha can get Rs 400 Crore from Red Sanders sale

Odisha can get Rs 400 Crore from Red Sanders sale
Written by news2in

Bhubaneswar: This center has relaxed export norms to allow Odisha to sell more than 810 metric tons of red sanders wood, fallen trees during Titli Titli in 2018.
It’s likely to take more than Rs 400 Crore to the State Exfequer.
Although the export of red sanders is also known as a red sandalwood, endangered species known for its therapeutic and cosmetic value, prohibited, the Directorate General of Foreign Trade under the Minister of Trade and Industry in the notice of giving wood 810.1894 tons of wood as a log.
Principal of the Head of the Ratho Comb Forest Conservator said the State Forest Department, the Environment and Climate Change will soon know the terms and conditions.
“We will give it to the shipping service for auctioned in the international market,” he said.
Official sources say the state government has approached the Ministry of Environment, forests and climate change to enable the sale of trees cut down during natural disasters.
The ministry recommends the neglect of the export ban.
One MT of the log takes between Rs 50 Lakh to One Crore Hospital in the international market and is in great demand in many countries in Asia such as China and Japan.
Apart from drugs and cosmetics, it is also used in Woodcraft and musical instruments.
All stocks of Red Sanders are available with the Paradanghemundi Forest Division in the Gajapati District, which is one part of the destroyed country in Titili, which is a very severe cyclone storm at a wind speed of 140 to 165 km per hour.
More than 60 people died in Cyclone, which also revoked thousands of trees including valuable red sanders (RakK Chandan).
Tree species grow in many South Indian countries other than the South Odisha district.

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