The Ministry of Earth Sciences (MoES) has bagged an extra finances allocation of 12 per cent within the Union Budget introduced on Tuesday. For the upcoming monetary yr, the MoES will obtain a complete of Rs 2,653.51 crore, with a hike in budgets primarily for the India Meteorological Department (IMD) and the multi-crore and bold Deep Ocean Mission.
Funds for IMD have been raised from Rs 469.75 crore in 2021 – 2022 to 514.03 crore for the following monetary yr.
In June final yr, the Rs 4,077-crore Deep Ocean Mission was given Union Cabinet approval and it’s amongst MoES initiatives to bag the very best bounce in fund share this yr. With this, it’s anticipated that analysis works can be taken up at an accelerated tempo this yr. In the upcoming monetary yr, a sum of Rs 650 crore has been introduced for this mission. A estimated Rs 2,823.4 crore will likely be spent in the course of the mission’s first part scheduled between 2021 and 2024.
The mission covers growth of applied sciences for deep sea mining, a manned submersible, growth of ocean local weather change advisory companies, growth of know-how for exploration, conservation of deep-sea biodiversity and deep ocean survey and organising of a marine station for ocean biology.
However, the autonomous establishments working beneath the aegis of the MoES haven’t been allotted considerable hike of their annual budgets. From a complete of Rs 183 crore within the final monetary yr, the 5 autonomous establishments will likely be given Rs 199.07 crore throughout 2022 – 2023.
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With inputs from TheIndianEXPRESS
