Rs.48,000 crore released to 32 States for Afforestation

About CAMPA

CAMPA (Compensatory Afforestation Fund Management and Planning Authority) is a well-defined act brought by the Government of India to compensate for the loss of forest area and to maintain the sustainability.
In 2002, the Supreme Court had observed that collected funds for afforestation were under-utilised by the states and it ordered for centrally pooling of funds under ad hoc Compensatory Afforestation Fund.
The court had set up the ad hoc National Compensatory Afforestation Fund Management and Planning Authority (CAMPA) to manage the fund.
In 2009, states had also set up state CAMPAs that received 10 per cent of funds from the national CAMPA to use for afforestation and forest conservation.
It seeks to transfer fund amounts to dedicated, non-lapsable interest bearing funds under public account of the Union of India and each State so as to bring these funds within the overall oversight and control of the Parliament and the State legislatures.

The funds will receive payments for:

(i) compensatory afforestation,

(ii) net present value of forest (NPV),

(iii) other project specific payments.

It provides for transfer of 90 % of the accumulated amounts to the States for creation and maintenance of compensatory afforestation and the remaining 10 % amounts to be retained at the National level will be used for monitoring and evaluation of activities to be undertaken by the States/UTs and Central Government from these funds and to provide, research and technical support to the States.
It also establishes the National and State Compensatory Afforestation Fund Management and Planning Authorities to manage the National and State Funds.

What’s the news?

The Compensatory Afforestation Fund Management and Planning Authority (CAMPA) has so far disbursed ₹48,606 crore to 32 States, according to a response by the Environment Ministry in the Lok Sabha

Today Current Affairs Upsc Exam Syllabus & Previous Yearpaper.