India, Sept. 10 -- Aimed at conserving marine biodiversity, the Tamil Nadu Government laun-ched the Marine Resource Foundation with an outlay of Rs 50 crore, State Finance Minister Thangam Thennarasu said.
The foundation, set up here, follows an announcement made by Thennarasu while presenting the state budget in March. Participating in the launch along with his cabinet colleague, Minister for Forests and Khadi , Thennarasu said, "For the first time in the country, such a foundation has been set up in Tamil Nadu." "We must protect marginalised people in coastal areas because climate change and other factors threaten their livelihoods. This foundation has been established to provide them with the support they need," the minister added.
The...