TSFDC decides to set up Central Nursery on 20 acres near Mulugu
The state government has decided to restructure the Forest Development Corporation in view of its emphasis on environment and forest development. Forest Development Corporation Third Annual General Body Meeting was presided over by Chairman Onteru Pratapareddy online today.
It was decided at the meeting that the traditional methods of growing eucalyptus should be changed to suit the present needs and the forest development organization should be geared towards that. It is proposed to set up a Central Nursery on behalf of FDC on about 20 acres near Mulugu in Gajwel District.
The nursery will be designed to supply the required plants to all the municipalities in the state. Chairman Onteru Pratapareddy said that it was decided to build a new office complex in Kottaguda, Hyderabad, instead of the existing FDC office (rental building). It will be named as Eco Tourism – Forest Development Corporation Complex.
The directors / members present at the meeting made a number of suggestions on how to make the Forest Development Corporation’s operations more profitable. This includes making paperboard material for Tetra packs and exploring the possibility of supplying timber to companies such as Ikea.
Dr. G. Chandrasekhar Reddy, vice-chairman and managing director of the Forest Development Corporation, said the process of separation of the Forest Development Corporation from the joint state had been completed and the Andhra Pradesh government had sanctioned Rs 51.02 crore as part of the settlement.
The Telangana Forest Development Corporation had a total turnover of Rs 150 crore and a profit of Rs 95.49 crore. The FDC has so far supplied 150 metric tonnes of timber in various parts of the country in the wake of the Corona disaster.
AGM passed resolution adopting the audited balance sheet, profit & loss account of the Forest Development Corporation based on proposal submitted by VC&MD,
Dr.G.Chandrashekar Reddy, IFS, seconded by Sri Swargam Srinivas, IFS, PCCF (Admn), Spl. CS Smt A.Santi Kumari, IAS and Sri Hemanth Kumar, IFS and Sri Sidhanand Kukrety, IFS gave no. of suggestions for improvement and diversification of activities of the Corporation.