The Planning Commission has sanctioned Rs.300 crore for the upcoming conference on bio-diversity (Conference of Parties) to be held here from October 1 to 19.

This was informed by the Planning Commission to Chief Minister N. Kiran Kumar Reddy. The State government is spending Rs.450 crore for the prestigious conference. Mr. Reddy thanked Prime Minister Manmohan Singh, UPA Chairperson Sonia Gandhi and Deputy Chairman Planning Commission Montek Singh Ahluwalia.

More than 8,000 delegates from 190 countries and heads of governments are expected to participate in the event,

According to an official release here on Wednesday, a Biodiversity, Museum & Park will be established on a 15-acre site. About 300 to 400 rare and endangered plant species would be procured for getting planted by VVIPs in the proposed Biodiversity Park.