The National Green Tribunal (NGT) appointed Committee of Experts has found Sri Sri Ravi Shankar's Art of Living (AOL) foundation responsible for destroying the entire Yamuna floodplain area used by the foundation for its event during the 'World Culture Festival' earlier in March 2016.
The expert panel has told the NGT that the rehabilitation of Yamuna floodplains destroyed by AOL's 'World Culture Festival' will cost Rs. 13.29 crores and take almost 10 years.
The green panel had last year allowed the AOL to hold the three-day 'World Culture Festival' on the Yamuna flood plains but following the event the former slapped a fine of Rs. five crore as interim environment compensation on the foundation for damaging biodiversity of the ecologically sensitive floodplains.
The Art of Living had submitted the final installment of its compensation amounting to Rs. 4.75 crore in June last year.
The foundation had deposited the compensation amount through demand draft to the DDA on June 3 last year.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app