Indian Oil Corporation gives Rs 50 crore for Cheetah relocation project

New Delhi: India’s top oil firm IOC will give Rs 50.22 crore towards funding the ambitious trans-continental relocation of Cheetahs from Africa to India, the company said on Tuesday. Indian Oil Corporation (IOC) has signed a memorandum of understanding with the National Tiger Conservation Authority (NTCA) for meeting two-thirds of the Rs 75 crore project cost. “Under the aegis of the NTCA and powered by IOC, the ambitious Cheetah Reintroduction Project is set to welcome the first Cheetahs on Indian soil after over seven decades on 17 September, 2022,” the company said in a statement. IOC is the first and only corporate to come forward to support ‘Project Cheetah’ through CSR. Under this project, a source population of 15-20 Cheetahs will be flown in from Namibia and South Africa and will be introduced at Kuno National Park, Madhya Pradesh. IOC will be contributing Rs 50.22 crore over five years for cheetah reintroduction as well as its habitat management and protection, ecology development, staff training and veterinary healthcare. The cheetah population in India dwindled during the 19th century, largely because of bounty hunting by local kings and ruling British officials. The last three Asiatic cheetahs were hunted down in 1948 and the cheetah was declared extinct in the country in 1952. The subspecies of cheetah which got extinct in India was Asiatic Cheetah (Acinonyx jubatus venaticus) and the subspecies being introduced in the country is the African Cheetah (Acinonyx jubatus jubatus). Research has shown that the genes of these two subspecies are the same. On 2 August IOC said it had signed an MoU with NTCA for the transcontinental relocation of Cheetah in its historical range in India. The MoU was signed by S M Vaidya, Chairman, IOC and S P Yadav, Addl. Director General (Project Tiger) and Member Secretary (NTCA). Reflecting IOC’s commitment to supporting this ambitious ecological project steadfastly, Vaidya said the Cheetah Introduction Project is in sync with the company’s priority of conserving India’s natural habitat and heritage. “Our mascot, the now famous IndianOil Rhino, stands firm as a testimony to that commitment,” he said. Read all the Latest News , Trending News ,  Cricket News , Bollywood News , India News and Entertainment News here. Follow us on Facebook, Twitter and Instagram.