State Fund

Management of the State Fund.

As per the provisions of Compensatory Afforestation Fund Act, 2016, the State Funds consists of the following: –

1. The unspent balance of all monies which has been transferred by the Ad-hoc CAMPA to the State CAMPA constituted in the State in compliance of guidelines dated the 2nd of July 2009.
2. All monies transferable from the National Fund as per Section 5 (a) of the Compensatory Afforestation Act, 2016.
3. All monies realized from user agencies by the State towards 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 to approval under the provisions of Forest (Conservation) Act, 1980; and
4. The funds recoverable from user agencies by the State in cases where forest land diverted falls within the protected areas, that is, areas notified under Section 18, 26A or 35 of the Wildlife (Protection) Act, 1972 for undertaking activities relating to the protection of biodiversity and wildlife.

The State Government may also credit to the State Fund constituted by it: –

1. Grants-in-aid received, if any, by the State Authority.
2. Any loan taken or any borrowings made by the State Authority.
3. Any other sums received by the State Authority by way of benefaction, gift, or donations.

Utilization of the State Fund

The monies available with the State Fund are utilized in the following member namely: –

1. The money received for compensatory afforestation, additional compensatory afforestation, penal compensatory afforestation, catchment area treatment plan and for any other site-specific scheme shall be used as per sit-specific schemes along with the approved proposals for diversion of forest land under the Forest (Conservation) Act, 1980.
2. The monies received towards net present value and penal net present value shall be used for artificial regeneration (plantation), assisted natural regeneration, forest management, forest protection, forest and wildlife related infra structure development, wildlife protection and management, supply of wood and other forest produce saving devices and other allied activities in the manner prescribed under Rule 5 of the Compensatory Afforestation Fund Rules, 2018.
3. The interest accrued on funds available in the State Fund and the interest accrued on all monies collected by the State Government, which has been placed under the Ad-hoc Authority and deposited in the nationalized banks, in compliance to the directions of the Supreme Court dated the 5th of May 2006, shall be used for conservation and development of forests and wildlife in the manner prescribed under Rule 6 of the Compensatory Afforestation Fund Rules, 2018.
4. All monies realized from the user agencies in accordance with the decision taken by the Standing Committee of the National Board for Wildlife constituted under Section 5 A of the Wildlife (Protection) Act, 1972 or the orders of the Supreme Court involving cases of diversion of forest land in protected areas shall from the corpus and the income there-from shall be used exclusively for undertaking protection and conservation activities in protected areas of the State including facilitating voluntary relocation from such protected areas and in exceptional circumstances, a part of the corpus may also be used subject to prior approval of the National Authority.
5. Ten percent of amount realized from the user agencies which will be credited directly into the State Fund in a year shall be transferred to the National Fund as provided in Section 3(4) of the Compensatory Afforestation Act, 2016.
6. The non-recurring and recurring expenditure for the management of a State Authority including the salary and allowances payable to its officers and other employees may be met from a part of the interest accrued on the amounts available in the State Fund, in the manner prescribed under Rule 6(a) abd 6(b) of the Compensatory Afforestation Fund Rules, 2018.