Daily Current Affairs on Indian Oil Corporation to give Rs 50 crore for Cheetah relocation from Africa for IBPS(Clerical) Exam Preparation

Sustainable Development and Envirnmental Issues

Current GK (IBPS-CL) IBPS(Clerical) Exam

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Indian Oil Corporation to give Rs 50 crore for Cheetah relocation from Africa

The National Tiger Conservation Authority (NTCA) inked a memorandum of understanding (MoU) with Indian Oil Corporation to relocate cheetahs from Africa to India, under Project Cheetah. as a part of the MoU, the IOC will grant Rs 50.22 crore over four years period, for the project. Currently, the total cost of relocation project is Rs 75 crore.

  • Indian Oil will provide funds as a part of its corporate social responsibility (CSR). It will be used to reintroduce cheetah as well as for ecology development, habitat management & protection, veterinary healthcare and staff training.
  • Indian Oil has become the first corporate to come forward to support ‘Project Cheetah’ under CSR.
  • Project Cheetah is nationally important and is also essential to balance the ecosystem.

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