The Government of India will provide budgetary support of Rs 150 crore to the IBCA for creating a corpus, building infrastructure and meeting recurring expenditure for five years from 2023-24 to 2028-29.
The IBCA was launched by the Prime Minister on April 9 during the commemoration event of 50 years of Project Tiger at Mysuru.
The IBCA primarily aims for conservation of seven big cats namely tiger, lion, leopard, snow leopard, cheetah, jaguar and puma, with objectives like facilitation of collaboration and synergy amongst the stakeholders, consolidation of expertise and successful conservation practices around the globe.
The Agreement was signed by P Kumaran, Secretary (East), Ministry of External Affairs, and SP Yadav, Director General, IBCA.