Recently, a first of its kind in the world economic

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In a first of its kind exercise, India has conducted economic valuation of six of its tiger reserves and placed their value at Rs 1,49,900 crore. The valuation study was conducted by Indian Institute of Forest Management (IIFM), Bhopal, at the behest of the environment ministry’s National Tiger Conservation Authority (NTCA). The study provides quantitative and qualitative estimates of benefits accruing from tiger reserves which include economic, social and cultural services. The report shows that Periyar tiger reserve has the highest annual flow benefits (Rs 1,760 crore), followed by Kanha (Rs 1,650 crore) and Corbett (Rs 1,470 crore).