Centre allows K’taka to complete process for red sanders wood exports by Apr 30
Team Udayavani, Jan 5, 2019, 4:30 AM IST
Bengaluru/New Delhi: The government has allowed Karnataka to finalise the modalities and complete the process of export of red sanders wood by April 30 this year.
“Time up to April 30, 2019 has been allowed to state government of Karnataka to finalise the modalities and complete the process of export of balance quantity of red sanders wood,” the directorate general of foreign trade (DGFT) has said in a notification.
The wood is an endangered species of flora protected under the Convention of International Trade in Endangered Species of Flora and Fauna.
It is illegal to possess and sell the same. Red sanders are found mainly in the Seshachalam Hill ranges spread across Kadapa, Chittoor and Kurnool in the Rayalaseema region and parts of Nellore district in Andhra Pradesh and Karnataka. The wood has huge demand abroad, especially in China and Japan, where it commands a good price.
As per a media report, the wood fetches Rs 25 lakh a tonne in the international market. It is a valued item in traditional medicines and woodcraft across China, Myanmar, Japan and East Asia.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Rs 20.14 cr unaccounted cash seized in poll run up in Karnataka
Congress’s Kolar conundrum remains unsolved despite CM, DCM attempt to quell dissent
Mangaluru: Illegal slaughterhouse raided by police, Three arrested
NIA arrests key conspirator in Bengaluru’s Rameshwaram Cafe blast case: Officials
JD(S) Hassan candidate Prajwal Revanna has assets worth Rs 40.85 cr
MUST WATCH
Latest Additions
Rs 20.14 cr unaccounted cash seized in poll run up in Karnataka
HC grants bail to man held for sexually assaulting ‘friend’ at Mumbai beach in 2021
Congress’s Kolar conundrum remains unsolved despite CM, DCM attempt to quell dissent
Mangaluru: Illegal slaughterhouse raided by police, Three arrested
‘No evidence of wrongdoing’: CBI closes UPA-era Air India aircraft leasing