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Economy

Unlocking the compensatory afforestation fund for maximum benefit

Updated : August 28, 2018 11:29 AM IST

The long overdue Compensatory Afforestation Fund Rules, 2018 (CAF Rules) were recently notified by the Ministry of Environment, Forest and Climate Change.
The principle of “compensatory afforestation” is embodied under the Forest (Conservation) Act 1980, which mandates the prior permission of the government for diversion of forest land for a limited set of non-forestry purposes.
Unlocking the compensatory afforestation fund for maximum benefit
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