Explanation:

The Haryana Forest Development Corporation Limited was incorporated on 7th December, 1989 under the Companies Act, 1956, as a wholly owned Government Company with the main purpose of assuring reasonable prices to the farmers for their standing trees and other forest produce and also to ensure the welfare of farming community and development of forest based industries.

Objectives:

To assure reasonable prices to the farmers for their standing trees and other forest produce.

• As regards providing reasonable prices to farmers for their standing trees, such occasions have been rare and far-few. This is because the trees are perennial and there is no compulsion for the farmers to cut them on season basis. Even if the market fluctuates, there is time for the farmer to wait for improvement of market. Moreover, the open market even when at low – normally affords better rates compared to purchase rates of this corporation.

To generate employment opportunities in rural areas.

• The main activity of HFDC is to fell trees that are handed over by the Forest Department. Occasionally, the corporation also fell trees in panchayat land and land of other government departments. This activity is largely manual and the labour engaged is paid on basis of statutory daily wage.

To increase financial status of farming and labour community.

• The contribution is limited to generation of man-days of daily wage work of tree felling.

Tree felling and wood extraction from Government forests earmarked to the Haryana Forest Development Corporation Limited, development of forests and raising plantations.

• This is now the main activity of the Haryana Forest Development Corporation. Till year 1996, the trees standing on forest land, when due for felling, were felled by the Forest Department itself. Then, this corporation was struggling for sustenance. Thereafter, the Forest Department started sharing the work of tree felling with HFDC.