The Lok Sabha today passed the Compensatory Afforestation Fund Bill,2015. The bill provides for the establishment of funds under the public accounts of Centre and each State towards compensatory afforestation. It also provides for additional afforestation and penal compensatory afforestation.<br/><br/>It is also proposed to constitute an Authority at national and State level for administration of the funds to utilise the money for undertaking artificial plantation, protection of forest, forest related infrastructure development, green India programme and wild life protection.The bill was moved by Environment and Forests Minister Prakash Javadekar.
News On AIR | May 3, 2016 9:03 PM
Lok Sabha passes Compensatory Afforestation Fund Bill, 2015