- Home
- Current Questions
- Compensatory Afforestation Fund
Compensatory Afforestation Fund
Recently, the Union Environment Ministry has transferred Rs. 47,436 crore to 27 States for afforestation under the Compensatory Afforestation Fund (CAF).Consider the following statements regarding CAF:
- The fund was established by the CAF Act was passed by the Centre in 2015 and the related rules were notified in 2018.
- The fund will be used for compensatory afforestation, additional compensatory afforestation, penal compensatory afforestation, net present value, catchment area treatment plan or any money for compliance of conditions stipulated by the Central Government while according approval under the provisions of the Forest (Conservation) Act, 1980.
Choose the correct answer from the codes given below:
A |
Only 1
|
|
B |
Only 2
|
|
C |
Both 1 and 2
|
|
D |
None of the above
|
Your Ans is
Right ans is B
Your Answer Is Correct
Your Answer Is Wrong
Explanation :
- The government enacted Compensatory Afforestation Fund Act 2016 to provide a proper institutional mechanism for compensatory afforestation matters. Related rules were notified in 2018.
- The Act established National Compensatory Afforestation Fund (NCAF) under the Public account of India and State Compensatory Afforestation Funds under public accounts of states.
- The National Fund will receive 10% of these funds, and the State Funds will receive the remaining 90%.
- The funds can be used for treatment of catchment areas, assisted natural generation, forest management, wildlife protection and management,relocation of villages from protected areas, managing human-wildlife conflicts, etc.
- Compensatory afforestation means that every time forest land is diverted for non-forest purposes such as mining or industry, the user agency pays for planting forests over an equal area of non-forest land, or when such land is not available, twice the area of degraded forest land.
Source: Civil Services Chronicle Online
News Crux
News Crux
News Crux
- Appointment & Resignation
- Art/Culture/Heritage
- Awards In News
- Bill/Act/Amendment
- Defence
- Defence/Military Exercises
- Famous Books
- Important Days/Weeks
- Important Decade
- Miscellaneous
- Obituary
- Organisation In News
- Persons In News
- Places In News
- Plans & Policy
- Reports/Committee/Commission
- Scheme & Programme
- Species In News
- Summit, Seminars & Conferences
- Survey/Index
- Web Portal & Apps
State In News
State In News
State In News
- Andhra Pradesh
- Arunachal Pradesh
- Assam
- Bihar
- Chhattisgarh
- Delhi
- Goa
- Gujarat
- Haryana
- Himachal Pradesh
- Jammu And Kashmir
- Jharkhand
- Karnataka
- Kerala
- Ladakh
- Madhya Pradesh
- Maharashtra
- Manipur
- Meghalaya
- Mizoram
- Nagaland
- Odisha
- Punjab
- Rajasthan
- Tamil Nadu
- Telangana
- Tripura
- Uttar Pradesh
- Uttarakhand
- West Bengal