Consider the following statements regarding Compensatory Afforestation Fund Management and Planning ...........

Environment and Ecology Natural ecosystems and protection

Consider the following statements regarding Compensatory Afforestation Fund Management and Planning Authority (CAMPA) act 2016

1.It provides to establish a compensatory afforestation fund at both central and state levels.

2.funds can be utilised for rural area devlopment

3.Net present value of a forest area diverted for non-forestry uses is estimated by an expert committee constituted by the state.

Which of the statements given above is/are correct?

1 only

2 and 3 only

None of the above

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Explanation:

1 only

Statement 1 is correct. The Compensatory Afforestation Fund Management and Planning Authority (CAMPA) Act 2016 does indeed provide for the establishment of a compensatory afforestation fund at both the central and state levels.

Statement 2 is incorrect. While the funds collected under CAMPA can be utilized for afforestation and related activities, they are not specifically earmarked for rural area development.

Statement 3 is also incorrect. The net present value (NPV) of a forest area diverted for non-forestry uses is estimated by an expert committee constituted by the Ministry of Environment, Forest and Climate Change at the central level, not by the state.

Therefore, only statement 1 is correct.