{"id":7341,"date":"2024-06-14T03:05:17","date_gmt":"2024-06-14T03:05:17","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=7341"},"modified":"2024-06-14T03:05:17","modified_gmt":"2024-06-14T03:05:17","slug":"odisha-may-earn-rs-400-crore-from-red-sanders-sale","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/odisha-may-earn-rs-400-crore-from-red-sanders-sale\/","title":{"rendered":"Odisha may earn Rs 400 crore from Red Sanders sale"},"content":{"rendered":"<p>The Centre has relaxed export norms to allow Odisha sell more than 810 metric tonnes of red sanders wood, the trees of which had fallen during cyclone Titli in 2018. It is likely to fetch<\/p>\n<p>This is likely to fetch more than Rs 400 crore to the state exchequer. Though <div class=\"youtube-subscribe-container\">\r\n      <div class=\"telegram-channel-container\">\r\n        <a href=\"https:\/\/t.me\/pscnotes2025\" target=\"_blank\" class=\"telegram-channel-button\">\r\n            <span class=\"telegram-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 496 512\">\r\n                    <path fill=\"white\" d=\"M248,8C111,8,0,119,0,256s111,248,248,248s248-111,248-248S385,8,248,8z M362,177L320,367c-3,14-10,18-20,14l-56-41l-27,26 c-3,3-5,5-10,5l4-63L323,196c5-5-1-7-8-3l-98,62l-42-13c-9-3-10-9,2-14l162-63C351,160,365,164,362,177z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Join Our Telegram Channel\r\n        <\/a>\r\n    <\/div>   <a href=\"https:\/\/www.youtube.com\/channel\/UCNHT8lW-JmLC68rjBfZhdkg?sub_confirmation=1\" target=\"_blank\" class=\"youtube-subscribe-button\">\r\n            <span class=\"youtube-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 576 512\">\r\n                    <path d=\"M549.7 124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Subscribe on YouTube\r\n        <\/a>\r\n    <\/div> export of red sanders also known as red sandalwood, an endangered species known for its therapeutic and cosmetic value, is banned, the Directorate General of  under the Union Ministry of Commerce and <a href=\"https:\/\/exam.pscnotes.com\/industry\">Industry<\/a> in a notification allowed the state to ship 810.1894 tonne wood as logs.<\/p>\n<p>One MT of the log fetches between Rs 50 lakh to Rs one crore in the international market and is in high demand across many countries in Asia such as China and Japan. Apart from medicines and cosmetics, it is also used in woodcraft and <a href=\"https:\/\/exam.pscnotes.com\/musical-instruments\">Musical instruments<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Centre has relaxed export norms to allow Odisha sell more than 810 metric tonnes of red sanders wood, the trees of which had fallen during cyclone Subscribe on YouTube Titli in 2018. It is likely to fetch This is likely to fetch more than Rs 400 crore to the state exchequer. Though export of &#8230; <a title=\"Odisha may earn Rs 400 crore from Red Sanders sale\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/odisha-may-earn-rs-400-crore-from-red-sanders-sale\/\">Read more <span class=\"screen-reader-text\">Odisha may earn Rs 400 crore from Red Sanders sale<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1101],"tags":[1124],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Odisha may earn Rs 400 crore from Red Sanders sale - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/odisha-may-earn-rs-400-crore-from-red-sanders-sale\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Odisha may earn Rs 400 crore from Red Sanders sale\" \/>\n<meta property=\"og:description\" content=\"The Centre has relaxed export norms to allow Odisha sell more than 810 metric tonnes of red sanders wood, the trees of Subscribe on YouTube which had fallen during cyclone Titli in 2018. It is likely to fetch This is likely to fetch more than Rs 400 crore to the state exchequer. Though export of ... 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It is likely to fetch This is likely to fetch more than Rs 400 crore to the state exchequer. Though export of ... 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