Home India Ministry of Environment, Forest and Climate Change In exercise of the powers conferred by sub section 1 of sect...
Date: 2018-09-28 Category: Extra Ordinary State: Union Government Country: India

In exercise of the powers conferred by sub section 1 of section 3 of the Compensatory Afforestation Fund Act

Issued by Ministry of Environment, Forest and Climate Change · Not Applicable

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Executive Summary & Key Takeaways

**Summary:** This notification, issued by the Ministry of Environment, Forest and Climate Change on September 28, 2018, announces the establishment of the National Compensatory Afforestation Fund (NCAF). In exercise of the powers conferred by subsection 1 of section 3 of the Compensatory Afforestation Fund Act, 2016 (38 of 2016), the Central Government has appointed September 30, 2018, as the date of the fund's establishment. The NCAF will be a special fund operating under the interest-bearing section of the Public Account of India, identified under Minor Head 128, specifically designated as the "National Compensatory Afforestation Fund NCAF," and falling under the Major Head 8121, which encompasses General and other Reserve Funds. The notification number is S.O. 5015(E), and the file reference is F. No. 11100/2015-FC Vol. III. The issuing authority is Deepak Kumar Sinha, Inspector General of Forests.

Key Entities Referenced

Compensatory Afforestation Fund Act, 2016: An act of the Indian Parliament concerning compensatory afforestation. Central Government: The executive authority of the Union of India. Public Account of India: Refers to funds held by the Government of India. National Compensatory Afforestation Fund (NCAF): A special fund established under the Public Account of India, related to compensatory afforestation efforts. Deepak Kumar Sinha: Inspector General of Forest, Ministry of Environment, Forest and Climate Change Ministry of Environment, Forest and Climate Change: A ministry of the Government of India. New Delhi: National capital of India Mayapuri, New Delhi: Location of Government of India Press
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